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Home » US Law » 2022 West Virginia Code » Chapter 46. Uniform Commercial Code » Article 8. Investment Securities » §46-8-204. Effect of Issuer's Restriction 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