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Effect of issuer's restriction on transfer.

Utah Code § 70A-8-204
in effect
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70A-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. Repealed and Re-enacted by Chapter 204, 1996 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title70A/Chapter8/70A-8-S204.html?v=C70A-8-S204_1800010118000101Fetched: 10/26/2026

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