Statute of frauds inapplicable.

Miss. Code Ann. § 75-8-113
in effect
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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 (1) year of its making.
Miss. Code Ann. § 75-8-113 — Statute of frauds inapplicable | Mississippi Code Annotated | Corpus