{"data":{"id":"us-al/ala.-code-7-8-113","jurisdiction":"us-al","citation":"Ala. Code § 7-8-113","heading":"Statute of Frauds Inapplicable.","body":"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.","path":["Title 7 Commercial Code.","Article 8 Investment Securities.","Part 1 Short Title and General Matters."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-8-113","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"9a435e9a3f1d7300b5d9a1508c25d69bc743845555a3d5c02201834afe83c342","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-8-112","next":"us-al/ala.-code-7-8-114"},"notice":"GroundRules: Original legal text. Not legal advice."}