(810 ILCS 5/8-113)
Sec. 8-113.
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.
(Source: P.A. 89-364, eff. 1-1-96.)
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