One Click Case Law for § 11-8-204
O.C.G.A. § 11-8-203 <-- --> O.C.G.A. §11-8-205

2010 Georgia Code

TITLE 11 - COMMERCIAL CODE
ARTICLE 8 - INVESTMENT SECURITIES
PART 2 - ISSUE AND ISSUER
§ 11-8-204 - Effect of issuer's restriction on transfer

O.C.G.A. 11-8-204 (2010)
11-8-204. 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

(2) The security is uncertificated and the registered owner has been notified of the restriction.