400.8-113. Statute of frauds inapplicable. - Missouri Statutes

Statute of frauds inapplicable.

400.8-113. A contract or modification of a contract for the sale orpurchase of a security is enforceable whether or not there is a writingsigned or record authenticated by a party against whom enforcement issought, even if the contract or modification is not capable of performancewithin one year of its making.

(L. 1997 S.B. 6)