{"data":{"id":"us-mt/30-8-214","jurisdiction":"us-mt","citation":"30-8-214","heading":"Effect of issuer's restriction on transfer.","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:\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":["TITLE 30. TRADE AND COMMERCE","CHAPTER 8. UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES","Part 2. Issue and Issuer"],"source_url":"https://mca.legmt.gov/bills/mca/title_0300/chapter_0080/part_0020/section_0140/0300-0080-0020-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:02Z","sha256":"792f5e48ebd6e3ffb665f094c45821481891353865f0a5c883130547cebe2c7f","source_id":"us-mt","stale":false,"prev":"us-mt/30-8-213","next":"us-mt/30-8-215"},"notice":"GroundRules: Original legal text. Not legal advice."}