# Commercial Law (GCL)

## Title 8. Investment Securities

### Subtitle 1. Short Title and General Matters

#### Section 8-113

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 1 year of its making.

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Md. Code Ann., Com. Law (as displayed at mgaleg.maryland.gov, October 16, 2026)