Effect of issuers restriction on transfer.
Nev. Rev. Stat. § 104.8204
in effectA restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against any person without actual 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-104.htmlFetched: 10/4/2026