Indiana Code 26-1-8.1-113. Enforceability of contracts for sale or purchase of a security
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Terms Used In Indiana Code 26-1-8.1-113
- Contract: A legal written agreement that becomes binding when signed.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 113. 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 (1) year of its making.
As added by P.L.247-1995, SEC.10.
