☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 28 Aug 1997, 2 histories, see footnote (history) bottom

  400.1-206.  Statute of frauds for kinds of personal property not otherwise covered. — (1)  Except in the cases described in subsection (2) of this section a contract for the sale of personal property is not enforceable by way of action or defense beyond five thousand dollars in amount or value of remedy unless there is some writing which indicates that a contract for sale has been made between the parties at a defined or stated price, reasonably identifies the subject matter, and is signed by the party against whom enforcement is sought or by his authorized agent.

  (2)  Subsection (1) of this section does not apply to contracts for the sale of goods (section 400.2-201) nor of securities (section 400.8-113) nor to security agreements (section 400.9-203).

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(L. 1963 p. 503 § 1-206, A.L. 1997 S.B. 6)


---- end of effective   28 Aug 1997 ----

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