Oregon Statutes - Chapter 78 - Investment Securities - Section 78.1130 - Statute of frauds inapplicable.

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]

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Last modified: August 7, 2008