Utah Code » Title 70A, Chapter 8 — Uniform Commercial Code - Investment Securities; part 70A-8-1 — Short Title and General Matters
Utah Code

Utah Code § 70A-8-112 (2026)

Statute of frauds inapplicable

✓ current as of May 2026
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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.

Notes of Decisions
Cited in 1 case, 2007–2007 · leading case: Sachs v. Lesser, 2007 UT App 169 (Utah Ct. App. 2007).
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Sachs v. Lesser, 2007 UT App 169 (Utah Ct. App. 2007). · cites it 4× “…bars the application of Utah's statute of frauds to contracts for the sale or purchase of securities. See Utah Code Ann. § 70A-8-112 (2002).”
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