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.

NOTES:

Effective date1995 c 48: See RCW 62A.11-113.

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Terms Used In Washington Code 62A.8-113

  • Contract: A legal written agreement that becomes binding when signed.