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.
Miss. Code Ann. § 75-8-113
Statute of frauds inapplicable
Known as the Uniform Commercial Code
The act spans §§ 75–75 (480 sections).
Laws, 1996, ch. 468, § 14, eff from and after July 1, 1996.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.