West Virginia Statutes

§ 46-8-204 — Effect of issuer's restriction on transfer

West Virginia § 46-8-204
JurisdictionWest Virginia
Ch. 46UNIFORM COMMERCIAL CODE
Art. 8INVESTMENT SECURITIES

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
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Bluebook (online)
West Virginia § 46-8-204, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/46/46-8-204.