{"data":{"id":"us-ut/utah-code-70a-8-204","jurisdiction":"us-ut","citation":"Utah Code § 70A-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:\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 70A Uniform Commercial Code","Chapter 70A-8 Uniform Commercial Code - Investment Securities","Part 70A-8-2 Issue and Issuer"],"source_url":"https://le.utah.gov/xcode/Title70A/Chapter8/70A-8-S204.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"792f5e48ebd6e3ffb665f094c45821481891353865f0a5c883130547cebe2c7f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70a-8-203","next":"us-ut/utah-code-70a-8-205"},"notice":"GroundRules: Original legal text. Not legal advice."}
