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2024 Texas Statutes
Business and Commerce Code
Title 1 - Uniform Commercial Code
Chapter 8 - Investment Securities
Subchapter A. Short Title and General Matters
Section 8.113. Statute of Frauds Inapplicable
Universal Citation:
TX Bus & Com Code § 8.113 (2024)
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Sec. 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.
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
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