Ark. Code § 4-8-113

Current with legislation from 2024 effective through May 3, 2024.
Section 4-8-113 - 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 (1) year of its making.

Ark. Code § 4-8-113

Acts 1995, No. 425, § 1.