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2021 Vermont Statutes
Title 9A - Uniform Commercial Code
Article 8 - Investment Securities
§ 8-113. Statute of frauds inapplicable
Universal Citation:
9 VT Stats § 8-113 (2021)
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§ 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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