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.
Structure Arkansas Code
Title 4 - Business and Commercial Law
Subtitle 1 - Uniform Commercial Code
Chapter 8 - Investment Securities
Part 1 - Short Title and General Matters
§ 4-8-104. Acquisition of security or financial asset or interest therein
§ 4-8-105. Notice of adverse claim
§ 4-8-107. Whether indorsement, instruction, or entitlement order is effective
§ 4-8-108. Warranties in direct holding
§ 4-8-109. Warranties in indirect holding
§ 4-8-110. Applicability — Choice of law
§ 4-8-111. Clearing corporation rules
§ 4-8-112. Creditor's legal process
§ 4-8-113. Statute of frauds inapplicable
§ 4-8-114. Evidentiary rules concerning certificated securities
§ 4-8-115. Securities intermediary and others not liable to adverse claimant