A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without knowledge of the restriction unless:
(1) The security is certificated and the restriction is noted conspicuously on the security certificate; or
(2) The security is uncertificated and the registered owner has been notified of the restriction.
Section: Previous 11-8-201 11-8-202 11-8-203 11-8-204 11-8-205 11-8-206 11-8-207 11-8-208 11-8-209 11-8-210 NextLast modified: October 14, 2016