{"data":{"id":"us-ca/com-8204","jurisdiction":"us-ca","citation":"COM § 8204","heading":"","body":"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 either of the following applies:\n(1) The security is certificated and the restriction is noted conspicuously on the security certificate.\n(2) The security is uncertificated and the registered owner has been notified of the restriction.","path":["Commercial Code - COM","DIVISION 8. INVESTMENT SECURITIES [8101. - 8603.]","CHAPTER 2. Issue and Issuer [8201. - 8210.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"5aec16d1969a4535dc0ca15095abbd4bc947b9026384e0d98519bdb787795b05","source_id":"us-ca","stale":false,"prev":"us-ca/com-8203","next":"us-ca/com-8205"},"notice":"GroundRules: Original legal text. Not legal advice."}