Louisiana Statutes

§ 10:8-113 — Statute of frauds inapplicable

Louisiana·Title 10 Commercial Laws
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.

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Related

Dugas v. Guillory
719 So. 2d 719 (Louisiana Court of Appeal, 1998)
12 case citations
Davis v. Parker
(Fifth Circuit, 1998)

Legislative History

Acts 1995, No. 884, §1, eff. Jan. 1, 1996.

Nearby Sections

15
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