Section 11-8-113. Statute of frauds inapplicable

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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.

Code 1981, § 11-8-113, enacted by Ga. L. 1998, p. 1323, § 1.

                    
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