Montana Statutes
§ 30-8-123 — Statute Of Frauds Inapplicable
Montana·Title 30 TRADE AND COMMERCE·Ch. 8 UNIFORM COMMERCIAL CODE INVESTMENT SECURITIES·Part 1 Short Title and General Matters
30-8-123 . Statute of frauds inapplicable. 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 1 year of its making.
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Legislative History
En. Sec. 33, Ch. 536, L. 1997.
Nearby Sections
15
§ 30-8-101
Short Title§ 30-8-102
Repealed§ 30-8-103
Repealed§ 30-8-104
Repealed§ 30-8-105
Repealed§ 30-8-106
Repealed§ 30-8-107
Repealed§ 30-8-108
Repealed§ 30-8-109
Through 30-8-111 Reserved§ 30-8-112
Definitions And Index Of Definitions§ 30-8-113
Rules For Determining Whether Certain Obligations And Interests Are Securities Or Financial Assets§ 30-8-115
Notice Of Adverse Claim§ 30-8-116
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