diff --git a/contracts/tokens/SecurityToken.sol b/contracts/tokens/SecurityToken.sol
index 1d2b165f5..d7f0ab80e 100644
--- a/contracts/tokens/SecurityToken.sol
+++ b/contracts/tokens/SecurityToken.sol
@@ -540,34 +540,34 @@ contract SecurityToken is StandardToken, DetailedERC20, ReentrancyGuard, Registr
         uint256 _value,
         bytes _data,
         bool _isTransfer
-        ) internal checkGranularity(_value) returns (bool) {
+    ) 
+        internal 
+        checkGranularity(_value) 
+        returns (bool) 
+    {
         if (!transfersFrozen) {
-            if (modules[TRANSFER_KEY].length == 0) {
+            if (modules[TRANSFER_KEY].length == 0)
                 return true;
-            }
-            bool isInvalid = false;
-            bool isValid = false;
-            bool isForceValid = false;
-            bool unarchived = false;
+
+            bool isValid;
+            bool isInvalid;
             address module;
-            for (uint8 i = 0; i < modules[TRANSFER_KEY].length; i++) {
+
+            for (uint256 i = 0; i < modules[TRANSFER_KEY].length; i++) {
                 module = modules[TRANSFER_KEY][i];
                 if (!modulesToData[module].isArchived) {
-                    unarchived = true;
                     ITransferManager.Result valid = ITransferManager(module).verifyTransfer(_from, _to, _value, _data, _isTransfer);
                     if (valid == ITransferManager.Result.INVALID) {
                         isInvalid = true;
-                    }
-                    if (valid == ITransferManager.Result.VALID) {
+                    } else if (valid == ITransferManager.Result.VALID) {
                         isValid = true;
-                    }
-                    if (valid == ITransferManager.Result.FORCE_VALID) {
-                        isForceValid = true;
+                    } else if (valid == ITransferManager.Result.FORCE_VALID) {
+                        return true;
                     }
                 }
             }
-            // If no unarchived modules, return true by default
-            return unarchived ? (isForceValid ? true : (isInvalid ? false : isValid)) : true;
+            if (isValid && !isInvalid)
+                return true;
         }
         return false;
     }