There is a newer version
of
this Section
2020 Alaska Statutes
Title 45. Trade and Commerce
Chapter 08. Investment Securities
Article 2. Issue - Issuer.
Sec. 45.08.204. Effect of issuer's restriction on transfer.
Universal Citation: AK Stat § 45.08.204 (2020)
A restriction on transfer of a security imposed by the issuer, even though otherwise lawful, is ineffective against a person without knowledge of the restriction unless the security
(1) is certificated and the restriction is noted conspicuously on the security certificate; or
(2) is uncertificated and the registered owner has been notified of the restriction.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
