TITLE XXXIV-A
UNIFORM COMMERCIAL CODE

CHAPTER 382-A
UNIFORM COMMERCIAL CODE

ARTICLE 8
INVESTMENT SECURITIES

Part 1
Short Title and General Matters

Section 382-A:8-113

    382-A: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.

Source. 1998, 326:1, eff. Jan. 1, 1999.