810 ILCS 5/8-113

Current through Public Acts 103-1 through 103-587, 103-589, and 103-590
Section 810 ILCS 5/8-113 - 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.

810 ILCS 5/8-113

P.A. 89-364, eff. 1/1/1996.