Florida Statutes 678.1131 – Statute of frauds inapplicable
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Terms Used In Florida Statutes 678.1131
- Contract: A legal written agreement that becomes binding when signed.
- writing: includes handwriting, printing, typewriting, and all other methods and means of forming letters and characters upon paper, stone, wood, or other materials. See Florida Statutes 1.01
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.