Maryland Statutes
§ 8-204
Maryland § 8-204
This text of Maryland § 8-204 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 8-204 (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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Cite This Page — Counsel Stack
Bluebook (online)
Maryland § 8-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/8-204.