Tennessee § 47-8-113 - Statute of frauds inapplicable.
Full text of Tennessee Tennessee Code Annotated § 47-8-113 — Statute of frauds inapplicable., with citation guidance and answers to common questions.
§ 47-8-113. Statute of frauds inapplicable.
Notwithstanding the provisions of § 29-2-101 , 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 (1) year of its making. Acts 1997, ch. 79, § 1. Prior Tennessee Law: § 47-1204. Textbooks. Tennessee Forms (Robinson, Ramsey and Harwell), No. 1-8.03-19. Tennessee Jurisprudence, 5 Tenn. Juris., Brokers, § 8; 6 Tenn. Juris., Constitutional Law, § 58. Law Reviews. Tennessee Law and the Sales Article of the Uniform Commercial Code (W. Harold Bigham), 17 Vand. L. Rev. 873.
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 47-8-113
What does Tennessee Code Annotated § 47-8-113 cover?
Section 47-8-113 ("Statute of frauds inapplicable.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 47-8-113?
A common citation format is "Tennessee Code Annotated § 47-8-113" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 47-8-113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.