Is Prismatic Lace legal in Standard, Modern, and Commander?

Prismatic Lace is legal in: Legacy, Vintage, Commander.

What type of card is Prismatic Lace?

Prismatic Lace is an Instant. Its oracle text reads: "Target permanent becomes the color or colors of your choice. (This effect lasts indefinitely.)"

Instant

Target permanent becomes the color or colors of your choice. (This effect lasts indefinitely.)

Set Mirage

Rarity Rare

Artist David O'Connor

Instant Commander Legacy Vintage