Montana § 30-8-214 Effect Of Issuer's Restriction On Transfer

Montana Statutes

§ 30-8-214 — Effect Of Issuer's Restriction On Transfer

Montana·Title 30 TRADE AND COMMERCE·Ch. 8 UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES·Part 2 Issue and Issuer

30-8-214 . 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:

(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.

Free access — add to your briefcase to read the full text and ask questions with AI

30-8-214 . 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:
(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.

Montana § 30-8-214 (Effect Of Issuer's Restriction On Transfer) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.