62A.8-113 - Statute of frauds inapplicable.

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.

[1995 c 48 § 13.]

Notes: Effective date -- 1995 c 48: See RCW 62A.11-113.