La. Stat. tit. 10 § 8-113
Current with operative changes from the 2024 Third Special Legislative Session
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.
La. R.S. § 10:8-113