CHAPTER 46. UNIFORM COMMERCIAL CODE.

ARTICLE 8. INVESTMENT SECURITIES.

§46-8-113. Statute of frauds inapplicable.

A contract or modification of a contract for the sale or purchase of a security is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the contract or modification is not capable of performance within one year of its making.

Bill History For §46-8-113