{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-8-204","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 8-204","heading":"Effect of Issuer's Restriction on Transfer","body":"Section 8–204. 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:\n(1) the security is certificated and the restriction is noted conspicuously on the security certificate; or\n(2) the security is uncertificated and the registered owner has been notified of the restriction.","path":["Part I","Title XV","Chapter 106","Article 8"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section8-204","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:28Z","sha256":"f3d4c16e9b702492fdfeb9401958cdbb2f7dbe42a4b4583917e680096e9c9029","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-8-203","next":"us-ma/mass.-gen.-laws-ch.-106-8-205"},"notice":"GroundRules: Original legal text. Not legal advice."}