Pennsylvania Statutes

§ 8204 — Effect of issuer's restriction on transfer

Pennsylvania § 8204
JurisdictionPennsylvania
Title 13COMMERCIAL CODE
Ch. 82ISSUE AND ISSUER

This text of Pennsylvania § 8204 (Effect of issuer's restriction on transfer) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
13 Pa. Cons. Stat. § 8204 (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

Cross References.Section 8204 is referred to in section 8401 of this title.

Nearby Sections

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Bluebook (online)
Pennsylvania § 8204, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/8204.