N.J. Stat. § 12A:8-113
Statute of Frauds Inapplicable
New Jersey · New Jersey Statutes Title 12A — Commercial Transactions · Status: effective
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- Citation
- N.J. Stat. § 12A:8-113, Statute of Frauds Inapplicable, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1439211
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Full text
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.