New Mexico Statutes

§ 55-8-113 — Statute of frauds inapplicable

New Mexico § 55-8-113
JurisdictionNew Mexico
Ch. 55Uniform Commercial Code
Art. 8Investment Securities

This text of New Mexico § 55-8-113 (Statute of frauds inapplicable) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 55-8-113 (2026).

Text

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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Legislative History

1978 Comp., § 55-8-113, enacted by Laws 1996, ch. 47, § 17.

Nearby Sections

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Bluebook (online)
New Mexico § 55-8-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/55/55-8-113.