Iowa Code § 554.8113
Statute of frauds inapplicable
Redline — January 1, 2012 → current.View current text →
Current — January 1, 2013
As of January 1, 2012
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.
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.
96 Acts, ch 1138, §21, 84
96 Acts, ch 1138, §21, 84
For contrary provision applicable prior to July 1, 1997, see §554.8319, Code 1995
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.