Michigan § 440.8204 - Restriction on transfer of security.
Full text of Michigan Michigan Compiled Laws § 440.8204 — Restriction on transfer of security., with citation guidance and answers to common questions.
§ 440.8204. Restriction on transfer of security.
A restriction on transfer of a security imposed by the issuer, even though otherwise lawful, is ineffective against a person without knowledge of the restriction unless:
The security is certificated and the restriction is noted conspicuously on the certificate.
The security is uncertificated and the registered owner has been notified of the restriction.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.8204
What does Michigan Compiled Laws § 440.8204 cover?
Section 440.8204 ("Restriction on transfer of security.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 440.8204?
A common citation format is "Michigan Compiled Laws § 440.8204" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 440.8204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.