Utah Code
Utah Code § 70A-8-112 (2026)
Statute of frauds inapplicable
✓ laws through the 2026 General Session (checked Sept. 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.
Enacted by Chapter 204, 1996 General Session
Notes of Decisions
Cited in 1
case, 2007–2007 · leading case: Sachs v. Lesser, 2007 UT App 169, 163 P.3d 662.
Sachs v. Lesser, 2007 UT App 169, 163 P.3d 662. “…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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