Section 57A-8-113 - Statute of frauds inapplicable.
57A-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: SL 1998, ch 284, § 1.