Effect of Issuer's Restriction on Transfer.
RSA 382-A:8-204
in effect382-A: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.
Source. 1998, 326:1, eff. Jan. 1, 1999.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-8-204.htmFetched: 10/20/2026
