Florida Statutes
§ 678.2041 — Effect of issuer’s restriction on transfer
Florida § 678.2041
This text of Florida § 678.2041 (Effect of issuer’s restriction on transfer) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 678.2041 (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:
(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.
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Legislative History
s. 2, ch. 98-11.
Nearby Sections
15
§ 678.1011
Short title§ 678.1021
Definitions§ 678.1031
Rules for determining whether certain obligations and interests are securities or financial assets§ 678.1051
Notice of adverse claim§ 678.1061
Control§ 678.1081
Warranties in direct holding§ 678.1091
Warranties in indirect holding§ 678.1101
Applicability; choice of law§ 678.1111
Clearing corporation rules§ 678.1121
Creditor’s legal process§ 678.1131
Statute of frauds inapplicableCite This Page — Counsel Stack
Bluebook (online)
Florida § 678.2041, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/678.2041.