| 2. Amends the law to allow the Treasurer of State the |
option of selling tangible property via electronic auction and |
encourages sales at more frequent intervals. It also permits |
the Treasurer of State to dispose of the securities of those |
issues whose custodial costs exceed their value reasonably |
soon after being advertised. Once sold, the rightful owner |
will receive the proceeds of the sale when that owner makes a |
claim. |