California Statutes

§ 8204. — 8204. (Repealed and added by Stats. 1996, Ch. 497, Sec. 9.)

California § 8204.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 8.DIVISION 8. INVESTMENT SECURITIES
Ch. 2.CHAPTER 2. Issue and Issuer

This text of California § 8204. (8204. (Repealed and added by Stats. 1996, Ch. 497, Sec. 9.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Commercial Code - COM Code § 8204. (2026).

Text

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 either of the following applies:

(1)The security is certificated and the restriction is noted conspicuously on the security certificate.
(2)The security is uncertificated and the registered owner has been notified of the restriction.

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Related

Thomas C. Thompson Sports, Inc. v. Farmers & Merchants Bank (In Re Turley)
213 B.R. 857 (C.D. California, 1997)
5 case citations

Legislative History

Repealed and added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.
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California § 8204., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/8204..