Title 7, Chapter 1, Section 170
(a) The department may, without leave of court, sell on any stock
exchange or otherwise, at such times and in such manner as it may
deem advisable, listed or unlisted securities which belong to the
financial institution in receivership.
(b) The department may, without leave of court, exchange listed or
unlisted securities for other securities of the corporation issuing
the securities or of a corporation which has merged or consolidated
with or has taken over such corporation.
(c) The department may, without leave of court, sell any mortgage or
other lien upon real property or any judgment, at such times and in
such manner as it shall deem to be advisable.
(d) Except as otherwise specifically provided by this chapter, the
department may, without leave of court, sell:
(1) At public sale; or
(2) At private sale, for a net consideration not below the amount
at which such personal property has been valued in the
appraisement required by this chapter,
any personal property which belongs to the financial institution in
receivership or which such financial institution has the power to
sell. It may, with leave of court, sell such personal property at
private sale upon such terms and under such conditions as the court
shall prescribe to be commercially reasonable.