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:
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 8 - Uniform Commercial Code-Revised Article 8. Investment Securities
§ 75-8-202. Issuer's responsibility and defenses; notice of defect or defense
§ 75-8-203. Staleness as notice of defect or defense
§ 75-8-204. Effect of issuer's restriction on transfer
§ 75-8-205. Effect of unauthorized signature on security certificate
§ 75-8-206. Completion or alteration of security certificate
§ 75-8-207. Rights and duties of issuer with respect to registered owners
§ 75-8-208. Effect of signature of authenticating trustee, registrar, or transfer agent