678.2041 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 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.
History.—s. 2, ch. 98-11.
Section: Previous 678.2011 678.2021 678.2031 678.2041 678.2051 678.2061 678.2071 678.2081 678.2091 678.2101 NextLast modified: September 23, 2016