{"data":{"id":"us-tx/tex.-business-commerce-code-8.113","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 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.\nAdded by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 8. INVESTMENT SECURITIES","SUBCHAPTER A. SHORT TITLE AND GENERAL MATTERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.8.htm#8.113","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"f63b9d5888780c100fe770dead92504a765cc890caaa433bf889490fccd0c9d2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-8.112","next":"us-tx/tex.-business-commerce-code-8.114"},"notice":"GroundRules: Original legal text. Not legal advice."}