{"data":{"id":"us-ak/as-45.08.204","jurisdiction":"us-ak","citation":"AS 45.08.204","heading":"Effect of issuer's restriction on transfer.","body":"A restriction on transfer of a security imposed by the issuer, even though otherwise lawful, is ineffective against a person without knowledge of the restriction unless the security\n(1) is certificated and the restriction is noted conspicuously on the security certificate; or\n(2) is uncertificated and the registered owner has been notified of the restriction.","path":["Title 45. Trade and Commerce.","Chapter 08. Investment Securities.","Article 2. Issue — Issuer."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.08.204","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"adeedf01f44a59d299bda3b73b462e487dd0568fc51823f662fc73f8fa01371c","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.08.203","next":"us-ak/as-45.08.205"},"notice":"GroundRules: Original legal text. Not legal advice."}