Worthless security definition

Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.
Worthless security means a security whose cost of
Worthless security means a security whose cost of liquidation and delivery to the

More Definitions of Worthless security

Worthless security means a security whose cost of liquidation and delivery would exceed the value of
Worthless security means a security whose cost of liquidation and
Worthless security means a security of an issuer which:
Worthless security means a security for which the cost of
Worthless security means a security for which the cost of liquidation and delivery to the administrator exceeds the value of the security on the date on which a report is due under this chap- ter.
Worthless security means a security whose
Worthless security means a security whose cost of liquidation and delivery to the administrator would