Nevada Revised Statutes Section 104.8204 - Commercial Instruments and Transactions
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Nevada Laws > Commercial Instruments and Transactions > Nevada Revised Statutes Section 104.8204 - Commercial Instruments and Transactions
Effect of issuer’s restriction on transfer. A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against any person without actual 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.
Last modified: February 28, 2006
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