| 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. |