{"data":{"id":"us-oh/ohio-rev.-code-1308.11","jurisdiction":"us-oh","citation":"Ohio Rev. Code § 1308.11","heading":"Effect of issuer's restriction on transfer - UCC 8-204 - issuer's lien - UCC 8-209.","body":"(A) A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without actual knowledge of it 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.\n(B) A lien in favor of an issuer upon a certificated security is valid against a purchaser only if the right of the issuer to the lien is noted conspicuously on the security certificate.","path":["Title 13 Commercial Transactions","Chapter 1308 Investment Securities"],"source_url":"https://codes.ohio.gov/ohio-revised-code/section-1308.11","current_through":"1998-01-01 (House Bill 170 - 122nd General Assembly)","vintage":"","retrieved_at":"2026-09-14T19:24:29Z","sha256":"01d93dd13f137010bdbe63fa19b7c8aca7a3046825e91352357bdac3b74a04f1","source_id":"us-oh","stale":false,"prev":"us-oh/ohio-rev.-code-1308.10","next":"us-oh/ohio-rev.-code-1308.12"},"notice":"GroundRules: Original legal text. Not legal advice."}
