Utah Code § 70A-8-112

Current through the 2024 Fourth Special Session
Section 70A-8-112 - 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.

Utah Code § 70A-8-112

Enacted by Chapter 204, 1996 General Session