Statute of frauds inapplicable.

S.C. Code Ann. § 36-8-113
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t36c008.phpFetched: 10/17/2026

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S.C. Code Ann. § 36-8-113 — Statute of frauds inapplicable | Code of Laws of South Carolina (Aug. 2026 snapshot) | Corpus