{"data":{"id":"us-ut/utah-code-70a-8-112","jurisdiction":"us-ut","citation":"Utah Code § 70A-8-112","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 70A Uniform Commercial Code","Chapter 70A-8 Uniform Commercial Code - Investment Securities","Part 70A-8-1 Short Title and General Matters"],"source_url":"https://le.utah.gov/xcode/Title70A/Chapter8/70A-8-S112.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"9a435e9a3f1d7300b5d9a1508c25d69bc743845555a3d5c02201834afe83c342","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70a-8-111","next":"us-ut/utah-code-70a-8-113"},"notice":"GroundRules: Original legal text. Not legal advice."}