There is a newer version of the North Carolina General Statutes
2013 North Carolina General Statutes
Chapter 25 - Uniform Commercial Code.
Article 8 - Investment Securities.
Section 25-8-113 - Statute of frauds inapplicable.
NC Gen Stat § 25-8-113 (2013) What's This?
25-8-113. 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. (1997-181, s. 1.)
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