Section 336.8-113 Statute of Frauds Inapplicable - Minnesota Statutes

336.8-113 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.

History:

1995 c 194 art 1 s 13