As Amended
SEC. 75-8-113. 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 (1) year of its making.
SOURCES: Laws, 1996, ch. 468, Sec. 14, eff from and after July 1, 1996