Minnesota Statutes
§ 336.8-204 — 336.8-204 EFFECT OF ISSUER'S RESTRICTION ON TRANSFER.
Minnesota § 336.8-204
This text of Minnesota § 336.8-204 (336.8-204 EFFECT OF ISSUER'S RESTRICTION ON TRANSFER.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 336.8-204 (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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Legislative History
1995 c 194 art 1 s 20
Nearby Sections
15
§ 336.8-101
336.8-101 SHORT TITLE.§ 336.8-102
336.8-102 DEFINITIONS.§ 336.8-105
336.8-105 NOTICE OF ADVERSE CLAIM.§ 336.8-106
336.8-106 CONTROL.§ 336.8-108
336.8-108 WARRANTIES IN DIRECT HOLDING.§ 336.8-109
336.8-109 WARRANTIES IN INDIRECT HOLDING.§ 336.8-110
336.8-110 APPLICABILITY; CHOICE OF LAW.§ 336.8-111
336.8-111 CLEARING CORPORATION RULES.§ 336.8-112
336.8-112 CREDITOR'S LEGAL PROCESS.§ 336.8-113
336.8-113 STATUTE OF FRAUDS INAPPLICABLE.Cite This Page — Counsel Stack
Bluebook (online)
Minnesota § 336.8-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/336.8-204.