{"data":{"id":"us-sd/sdcl-57a-8-113","jurisdiction":"us-sd","citation":"SDCL § 57A-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.\nSource: SL 1998, ch 284, § 1.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-8. INVESTMENT SECURITIES"],"source_url":"https://sdlegislature.gov/Statutes/57A-8-113","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"4baf5a968384e20aa95b8a8bc08d63c80731a4714c91cf35b17421c85e8d2081","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-8-112","next":"us-sd/sdcl-57a-8-114"},"notice":"GroundRules: Original legal text. Not legal advice."}