Statute of frauds inapplicable - UCC 8-113

Ohio Rev. Code Ann. § 1308.07, under Chapter 1308 | Investment Securities.

Ohio Rev. Code Ann. § 1308.07

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.