Cal. Com. Code § 8113

Current through the 2023 Legislative Session.
Section 8113 - 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.

Ca. Com. Code § 8113

Added by Stats. 1996, Ch. 497, Sec. 9. Effective January 1, 1997.