2013 Vermont Statutes
Title 09A Uniform Commercial Code
Article 8 Investment Securities
§ 113 Statute of frauds inapplicable


9A V.S.A. § 113 What's This?

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 1995, No. 92 (Adj. Sess.), 1, eff. Jan. 1, 1997.)

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