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ETF...Porting...and OLD handset?

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Hi, if I were to cancel and port my 2nd line and paid the ETF....as far as the handset - can it be activated on someone elses AT&T account after the port is completed then? Is there a time frame before it is allowed to be activated?  or do I have to wait till the ETF is paid, and is it a period of time AFTER the ETF is paid?

 

Basically trying to recoup a portion of the ETF by selling the handset..so I need to know how long I need to wait.  


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