Online Sunshine Logo
Official Internet Site of the Florida Legislature
March 29, 2024
Text: 'NEW Advanced Legislative Search'
Interpreter Services for the Deaf and Hard of Hearing
Go to MyFlorida House
Go to MyFlorida House
Select Year:  
The Florida Statutes

The 2023 Florida Statutes (including Special Session C)

Title XXXIX
COMMERCIAL RELATIONS
Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES
View Entire Chapter
F.S. 678.2041
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.