Jurisdiction |
State Sells Securities |
Period when the state sells the shares date |
Alabama |
Yes |
Within 1 year |
Alaska |
Yes |
After 3 years |
Arizona |
Yes |
At the state discretion |
Arkansas |
Yes |
Within 1 year |
California |
Yes |
After 1 year |
Colorado |
Yes |
After 3 years |
Connecticut |
Yes |
Within 1 year |
Delaware |
Yes |
Within 1 year |
Florida |
Yes |
Within 1 year |
Georgia |
Yes |
Within 1 year |
Hawaii |
Yes |
After 3 years |
Idaho |
Yes |
Within 1 year |
Illinois |
Yes |
After 3 years |
Indiana |
Yes |
Within 1 year |
Iowa |
Yes |
Within 1 year |
Kansas |
Yes |
Within 1 year |
Kentucky |
Yes |
After 3 years |
Louisiana |
Yes |
3 years (stock); 1 year (other securities) |
Maine |
Yes |
Within 1 year |
Maryland |
Yes |
Within 1 year |
Massachusetts |
Yes |
After 3 years |
Michigan |
Yes |
Within 1 year |
Minnesota |
Yes |
Within 1 year |
Mississippi |
Yes |
After 3 years |
Missouri |
Yes |
Within 2 years |
Montana |
Yes |
After 3 years |
Nebraska |
Yes |
After 3 years |
Nevada |
Yes |
Within 1 year |
New Hampshire |
Yes |
Within 1 year |
New Jersey |
Yes |
After 3 years |
New Mexico |
Yes |
After 3 years |
New York |
Yes |
Within 1 year |
North Carolina |
Yes |
After 3 years |
North Dakota |
Yes |
After 3 years |
Ohio |
Yes |
At the state discretion |
Oklahoma |
Yes |
Within 1 year |
Oregon |
Yes |
At the state discretion |
Pennsylvania |
Yes |
At the state discretion |
Rhode Island |
Yes |
Within 1 year |
South Carolina |
Yes |
After 3 years |
South Dakota |
Yes |
Within 1 year |
Tennessee |
Yes |
After 2 years |
Texas |
Yes |
Within 1 year |
Utah |
Yes |
After 3 years |
Vermont |
Yes |
After 3 years |
Virginia |
Yes |
Within 1 year |
Washington |
Yes |
Within 1 year |
West Virginia |
Yes |
After 3 years |
Wisconsin |
Yes |
Within 1 year |
Wyoming |
Yes |
After 3 years |