Section 490:2-201 - Formal requirements; statute of frauds(1) Except as otherwise provided in this section, a contract for the sale of goods for the price of $500 or more is not enforceable by way of action or defense unless there is a record sufficient to indicate that a contract for sale has been made between the parties and signed by the party against whom enforcement is sought or by the party's authorized agent or broker. A record shall not be deemed insufficient because it omits or incorrectly states a term agreed upon but the contract shall not be enforceable under this subsection beyond the quantity of goods shown in the record.(2) Between merchants if within a reasonable time a record in confirmation of the contract and sufficient against the sender is received and the party receiving it has reason to know its contents, it shall satisfy the requirements of subsection (1) against the party unless notice in a record of objection to its contents is given within ten days after it is received.(3) A contract that does not satisfy the requirements of subsection (1) but that is valid in other respects shall be enforceable:(a) If the goods are to be specially manufactured for the buyer and are not suitable for sale to others in the ordinary course of the seller's business and the seller, before notice of repudiation is received and under circumstances that reasonably indicate that the goods are for the buyer, has made either a substantial beginning of their manufacture or commitments for their procurement; (b) If the party against whom enforcement is sought admits in the party's pleading, testimony, or otherwise in court that a contract for sale was made, but the contract shall not be enforceable under this paragraph beyond the quantity of goods admitted; or(c) With respect to goods for which payment has been made and accepted or that have been received and accepted (section 490:2-606).Amended by L 2023, c 132,§ 8, eff. 6/29/2023.L 1965, c 208, § 2-201; HRS § 490:2-201 Defendant's motion to dismiss based on statute of frauds denied. 691 F. Supp. 247. Validation of contract by receipt and acceptance of goods. 2 H. App. 253, 630 P.2d 638. Subsection (3)'s specially manufactured goods exception applied to orally modified contract if seller and remaining goods described in orally modified contract satisfied the five requirements specified in subsection (3)(a). 10 H. App. 368, 874 P.2d 1100.