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 Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 8 - Uniform Commercial Code-Revised Article 8. Investment Securities
Part 1 - . Short Title and General Matters
§ 75-8-104. Acquisition of security or financial asset or interest therein
§ 75-8-105. Notice of adverse claim
§ 75-8-107. Whether indorsement, instruction, or entitlement order is effective
§ 75-8-108. Warranties in direct holding
§ 75-8-109. Warranties in indirect holding
§ 75-8-110. Applicability; choice of law
§ 75-8-111. Clearing corporation rules
§ 75-8-112. Creditor's legal process
§ 75-8-113. Statute of frauds inapplicable
§ 75-8-114. Evidentiary rules concerning certificated securities
§ 75-8-115. Securities intermediary and others not liable to adverse claimant