asset, the digital asset holder shall: (i) deliver to the administrator's designated custodian the digital asset, in the form of the digital asset, within 30 days from the date on which the digital asset is reported under Section 67-4a-401; and (ii) provide the administrator, upon request, a record evidencing delivery to the administrator's designated custodian. (b) Within 30 days after the date on which the digital asset holder delivers a digital asset under this Subsection (8), the digital asset holder shall provide the administrator with a reconciliation of the delivered digital asset with respect to the report filed regarding the digital asset. (c) The delivery of a digital asset to the administrator's designated custodian under this Subsection (8) constitutes payment or delivery for purposes of this chapter. (9) (a) Notwithstanding Subsection (8), if the administrator determines that a digital asset reported under Section 67-4a-401 cannot be accepted for custody, or that the costs of custody and administration of the digital asset would exceed the digital asset's value, the administrator may direct the digital asset holder to sell or otherwise liquidate the digital asset and deliver the net proceeds as directed by the administrator. (b) A digital asset holder to whom the administrator directs to sell or otherwise liquidate a digital asset under this Subsection (9) shall sell or liquidate the digital asset: (i) by any commercially reasonable method; and (ii) for no less than the prevailing market price of the digital asset at the time of sale. (10) (a) A digital asset holder is not required to deliver a digital asset in accordance with Subsection (8) if the digital asset holder does not have the private key or other authority that is necessary to transfer the digital asset. (b) A digital asset holder described in Subsection (10)(a) shall: (i) report the digital asset under Section 67-4a-401; (ii) maintain the digital asset until the digital asset holder obtains the ability to transfer the digital asset; (iii) determine no less than annually as to whether the digital asset holder has obtained the ability to transfer the digital asset; and (iv) after obtaining the ability to transfer the digital asset, deliver the digital asset to the administrator's designated custodian at the next reporting cycle.
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