N.M. Stat. § 55-8-113

Current through 2024, ch. 69
Section 55-8-113 - 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.

NMS § 55-8-113

1978 Comp., § 55-8-113, enacted by Laws 1996, ch. 47, § 17.