West Virginia Code
Article 8. Investment Securities
§46-8-113. 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.

Structure West Virginia Code

West Virginia Code

Chapter 46. Uniform Commercial Code

Article 8. Investment Securities

§46-8-101. Short Title

§46-8–102. Definitions

§46-8-103. Rules for Determining Whether Certain Obligations and Interests Are Securities or Financial Assets

§46-8-104. Acquisition of Security or Financial Asset or Interest Therein

§46-8-105. Notice of Adverse Claim

§46-8-106. Control

§46-8-107. Whether Indorsement, Instruction or Entitlement Order Is Effective

§46-8-108. Warranties in Direct Holding

§46-8-109. Warranties in Indirect Holding

§46-8-110. Applicability; Choice of Law

§46-8-111. Clearing Corporation Rules

§46-8-112. Creditor's Legal Process

§46-8-113. Statute of Frauds Inapplicable

§46-8-114. Evidentiary Rules Concerning Certificated Securities

§46-8-115. Securities Intermediary and Others Not Liable to Adverse Claimant

§46-8-116. Securities Intermediary as Purchaser for Value

§46-8-201. Issuer

§46-8-202. Issuer's Responsibility and Defenses; Notice of Defect or Defense

§46-8-203. Staleness as Notice of Defect or Defense

§46-8-204. Effect of Issuer's Restriction on Transfer

§46-8-205. Effect of Unauthorized Signature on Security Certificate

§46-8-206. Completion or Alteration of Security Certificate

§46-8-207. Rights and Duties of Issuer With Respect to Registered Owners

§46-8-208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent

§46-8-209. Issuer's Lien

§46-8-210. Overissue

§46-8-301. Delivery

§46-8-302. Rights of Purchaser

§46-8-303. Protected Purchaser

§46-8-304. Indorsement

§46-8-305. Instruction

§46-8-306. Effect of Guaranteeing Signature, Indorsement, or Instruction

§46-8-307. Purchaser's Right to Requisites for Registration of Transfer

§46-8-401. Duty of Issuer to Register Transfer

§46-8-402. Assurance That Indorsement or Instruction Is Effective

§46-8-403. Demand That Issuer Not Register Transfer

§46-8-404. Wrongful Registration

§46-8-405. Replacement of Lost, Destroyed, or Wrongfully Taken Security Certificate

§46-8-406. Obligation to Notify Issuer of Lost, Destroyed, or Wrongfully Taken Security Certificate

§46-8-407. Authenticating Trustee, Transfer Agent and Registrar

§46-8-501. Securities Account; Acquisition of Security Entitlement From Securities Intermediary

§46-8-502. Assertion of Adverse Claim Against Entitlement Holder

§46-8-503. Property Interest of Entitlement Holder in Financial Asset Held by Securities Intermediary

§46-8-504. Duty of Securities Intermediary to Maintain Financial Asset

§46-8-505. Duty of Securities Intermediary With Respect to Payments and Distributions

§46-8-506. Duty of Securities Intermediary to Exercise Rights as Directed by Entitlement Holder

§46-8-507. Duty of Securities Intermediary to Comply With Entitlement Order

§46-8-508. Duty of Securities Intermediary to Change Entitlement Holder's Position to Other Form of Security Holding

§46-8-509. Specification of Duties of Securities Intermediary by Other Statute or Regulation; Manner of Performance of Duties of Securities Intermediary and Exercise of Rights of Entitlement Holder

§46-8-510. Rights of Purchaser of Security Entitlement From Entitlement Holder

§46-8-511. Priority Among Security Interests and Entitlement Holders

§46-8-601. Savings Clause