Florida Statutes § 678.2041 — Effect of issuer’s restriction on transfer.
Search Florida StatutesFrom the Legislature's 2026 edition, which includes changes effective through January 1, 2027. Later effective dates are retained in each section's source notes.
Part II — ISSUE AND ISSUER
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.
History
History.—s. 2, ch. 98-11.
Source captured on 2026-10-10. Read the official chapter.