Virginia Code 8.8A-113: Statute of frauds inapplicable
Current as of: 2024 | Check for updates
|
Other versions
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 Virginia Code 8.8A-113
- Contract: A legal written agreement that becomes binding when signed.
1996, c. 216.