State Codes and Statutes
Statutes > Alaska > Title-45 > Chapter-45-08 > Article-02 > Sec-45-08-204Sec. 45.08.204. Effect of issuer's restriction on transfer.
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
(1) is certificated and the restriction is noted conspicuously on the security certificate; or
(2) is uncertificated and the registered owner has been notified of the restriction.
