Tex. Bus. & Com. Code § 8.113 · Subchapter A. SHORT TITLE AND GENERAL MATTERS
STATUTE OF FRAUDS INAPPLICABLE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 1995, 74th Leg., ch. 962, Sec. 1, eff. Sept. 1, 1995.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.8.htm
- Text hash
- sha256 9a435e9a3f1d7300b5d9a1508c25d69bc743845555a3d5c02201834afe83c342
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.