North Dakota Code 41-08-13 – (8-113) Statute of frauds inapplicable
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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.
Terms Used In North Dakota Code 41-08-13
- Contract: A legal written agreement that becomes binding when signed.
- year: means twelve consecutive months. See North Dakota Code 1-01-33