Kansas Statutes
§ 84-8-204 — 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:
(a)The security is certificated and the restriction is noted conspicuously on the security certificate; or
(b)the security is uncertificated and the registered owner has been notified of the restriction.
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Legislative History
L. 1996, ch. 202, § 47; July 1.
Nearby Sections
15
§ 84-1-101
Short titles§ 84-1-102
Scope of article§ 84-1-104
Construction against implied repeal§ 84-1-105
Severability§ 84-1-106
Use of singular and plural; gender§ 84-1-107
Section captions§ 84-1-201
General definitions§ 84-1-202
Notice; knowledge§ 84-1-204
Value§ 84-1-205
Reasonable time; seasonableness§ 84-1-206
Presumptions