{"data":{"id":"us-nc/n.c.-gen.-stat.-25-8-113","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-8-113","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. (1997-181, s. 1.)","path":["Chapter 25. Uniform Commercial Code.","Article 8. Investment Securities.","Part 1. Short Title and General Matters."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-8-113.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"1b25b45eb5e10db9784a4bba7de323774303dc699f3a9397e25cf47369071725","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-8-112","next":"us-nc/n.c.-gen.-stat.-25-8-114"},"notice":"GroundRules: Original legal text. Not legal advice."}