Statute of frauds inapplicable.
Del. Code tit. 6, § 8-113
in effectA 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.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c008/sc01/index.htmlFetched: 10/4/2026
