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Can you summarize MNST 336.8-113?

UNIFORM COMMERCIAL CODE > STATUTE OF FRAUDS INAPPLICABLE.

Short Summary

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. History: 1995 c 194 art 1 s 13

Jurisdiction

Minnesota

Source
MNST 336.8-113 [https://reggi.cloud.regology.com/regulations/US-MNST/US-MNST_T_324_C_336_S_8-113]