Iowa Code 554.8113 – Statute of frauds inapplicable
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Terms Used In Iowa Code 554.8113
- Contract: A legal written agreement that becomes binding when signed.
- Statute: A law passed by a legislature.
- year: means twelve consecutive months. See Iowa Code 4.1
554.8113 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.
96 Acts, ch 1138, §21, 84
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.
96 Acts, ch 1138, §21, 84