West Virginia Statutes
§ 46-8-204 — Effect of issuer's restriction on transfer
West Virginia § 46-8-204
This text of West Virginia § 46-8-204 (Effect of issuer's restriction on transfer) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 46-8-204 (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 Reg. Sess., SB441; 1979 Reg. Sess., SB110
Nearby Sections
15
§ 46-1-101
Short titles§ 46-1-102
Scope of article§ 46-1-104
Construction against implied repeal§ 46-1-105
Severability§ 46-1-106
Use of singular and plural; gender§ 46-1-107
Section captions§ 46-1-109
Repealed. Acts, 2006 Reg. Sess., Ch. 247§ 46-1-201
General definitions§ 46-1-202
Notice; knowledge§ 46-1-204
Value§ 46-1-205
Reasonable time; seasonableness§ 46-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 46-8-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/46/46-8-204.