San Francisco Administrative Code § 10.50 Sale Authorized

Stocks, bonds or other securities received by any board, commission or officer, by donation, gift, devise, bequest or purchase and held by such board, commission or officer in trust for a special purpose for the benefit of the City and County or for the benefit of any of its departments may, on the recommendation of the officer, board or commission charged with the control or administration of such trust property or funds, be sold by the Treasurer of the City and County as provided by this Article.

(Ord. No. 2754(1939), Sec. 1)