Tex. Bus. & Com. Code § 8.113

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.

Tex. Bus. and Comm. Code § 8.113

Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. 9/1/1995.