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Form a Business

Sale or purchase of security; enforcement of contract or contract modification.

MCL 440.8113
in effect
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440.8113. Sale or purchase of security; enforcement of contract or contract modification. Sec. 8113. 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 1 year of its making. Add. 1998, Act 278, Imd. Eff. July 27, 1998
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-440-8113Fetched: 10/20/2026

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