Wis. Stat. § 408.204

Current through Acts 2023-2024, ch. 272

Section 408.204 - Effect of issuer's restriction on transfer

A restriction on the 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.

Wis. Stat. § 408.204

1997 a. 297.