Oklahoma § 12A-8-204 Effect of Issuer's Restrictions on Transfer.

Oklahoma Statutes

§ 12A-8-204 — Effect of Issuer's Restrictions on Transfer.

Oklahoma § 12A-8-204

Title 12AUniform Commercial Code

This text of Oklahoma § 12A-8-204 (Effect of Issuer's Restrictions on Transfer.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 12A, § 12A-8-204 (2026).

Text

Effect of Issuer's Restrictions 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.

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Effect of Issuer's Restrictions 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.