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.\nHistory —Aug. 17, 1995, No. 208, added as § 8-113 on Sept. 19, 1996, No. 241, § 12.
Puerto Rico Legal Code