General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART I ADMINISTRATION OF THE GOVERNMENT |
TITLE XV. REGULATION OF TRADE |
CHAPTER 106. UNIFORM COMMERCIAL CODE |
ARTICLE 8. INVESTMENT SECURITIES |
SECTION 8-113. Statute of Frauds Inapplicable
Latest version.
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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.