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Fla. Stat. § 678.2041 (2025)

Effect of issuer’s restriction on transfer.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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678.2041 Effect of issuer’s restriction on transfer.—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:
(1) The security is certificated and the restriction is noted conspicuously on the security certificate; or
(2) The security is uncertificated and the registered owner has been notified of the restriction.
History.—s. 2, ch. 98-11.

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