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2012 Utah Code
Title 70A - Uniform Commercial Code
Article 8 - Uniform Commercial Code - Investment Securities
Section 112 - Statute of frauds inapplicable.
Universal Citation:
UT Code ยง 70A-8-112 (2012)
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70A-8-112. 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.
Enacted by Chapter 204, 1996 General Session
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