H
harold1
Guest
I entered into a stock sale agreement with a stockholder of a company in which I have an interest. 24 hours after the agreement was signed, the seller sent me a letter of recission pertaining to the agreement. Since the agreement called for the initial payment to be made within 72 hours of executing the agreement, no money changed hands. Is there a recission period for a stock sale agreement in Texas? If not, is specific performance a remedy for this breech of contract?