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 4-8-202 4-8-203 4-8-204 4-8-205 4-8-206 4-8-207 4-8-208 4-8-209 4-8-210 NextLast modified: November 15, 2016