Sec. 42a-8-113. Statute of frauds inapplicable. - Connecticut Statutes

      Sec. 42a-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.

      (P.A. 97-182, S. 13.)