Oregon Statutes 78.1130 – 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. [1995 c.328 § 13]
Terms Used In Oregon Statutes 78.1130
- Contract: A legal written agreement that becomes binding when signed.