{"data":{"id":"us-nj/n.j.-stat.-12a-8-204","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:8-204","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:\na.  the security is certificated and the restriction is noted conspicuously on the security certificate; or\nb.  the security is uncertificated and the registered owner has been notified of the restriction.\nL.1997,c.252,s.1.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"fcf5c37f4e272801cf0a16925f1f0e9dff1230ae5f2adbc7621f3fd090e79dc5","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-8-203","next":"us-nj/n.j.-stat.-12a-8-205"},"notice":"GroundRules: Original legal text. Not legal advice."}