A Lima Arizona Statement or Legend on Stock Certificate, also known as a Notice of Restriction on Transfer — Stock noRegisteredre— - Intrastate Exemption, is a legal marking or notation found on a stock certificate indicating certain limitations or restrictions on the transferability of the stock. This is specifically associated with stocks that are not registered with a regulatory authority and are exempt from federal regulation due to being intrastate investments. In the Lima Arizona Statement or Legend on Stock Certificate — Notice of Restrictiotransfereefe— - Stock not Registered — Intrastate Exemption, the following types can be distinguished: 1. Lima Arizona Intrastate Exemption Certification: This statement certifies that the stock, as noted on the certificate, is exempt from the federal registration requirements as it qualifies for the Lima Arizona Intrastate Exemption. It specifies that the stock can only be sold or transferred within the state of Lima, Arizona, and cannot be sold or transferred to out-of-state investors. 2. Stock Not Registered: This portion of the legend highlights that the stock is not registered with any regulatory authority, such as the Securities and Exchange Commission (SEC), and is limited to trading within Lima, Arizona only. It warns potential buyers that they should conduct thorough due diligence before purchasing the stock, as it may lack the same level of scrutiny as registered securities. 3. Notice of Restriction on Transfer: This element of the statement explicitly restricts the transferability of the stock. It notifies the holder and subsequent buyers that the stock certificate cannot be transferred or sold to individuals or entities outside the Lima, Arizona region. Any attempt to transfer or sell the stock to non-qualified parties would be deemed invalid. 4. Compliance with Intrastate Securities Exemption: This component of the legend emphasizes that the stock has met the qualifications and requirements for exemption under the intrastate securities' exemption laws of Lima, Arizona. It reaffirms that the stock is specifically reserved for intrastate investors and cannot be sold or transferred to investors from other states. Overall, the Lima Arizona Statement or Legend on Stock Certificate — Notice of Restrictiotransfereefe— - Stock not Registered — Intrastate Exemption serves as a cautionary measure to protect both the company issuing the stock and potential investors. By providing a clear notice of the restrictions and limitations associated with the stock, it ensures compliance with regulatory requirements and helps maintain the integrity of the intrastate securities market.