Home/Illinois/Statutes/Topic: BUSINESS AND EMPLOYMENT/Ch. 805: BUSINESS ORGANIZATIONS/Act 805 ILCS 180/: Limited Liability Company Act./Art.: Article 1 - General Provisions/§ 1-46
Illinois Statutes

§ 1-46 — Applicability of statute of frauds

Illinois § 1-46
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 805BUSINESS ORGANIZATIONS
Act 805 ILCS 180/Limited Liability Company Act.
Art.Article 1 - General Provisions

This text of Illinois § 1-46 (Applicability of statute of frauds) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
805 Ill. Comp. Stat. 1-46 (2026).

Text

An operating agreement is enforceable whether or not there is a writing signed or record authenticated by a party against whom enforcement is sought, even if the agreement is not capable of performance within one year of its making.

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Legislative History

(Source: P.A. 99-637, eff. 7-1-17 .)

Nearby Sections

15
§ 1
§ 1
§ 1-1
Short title
§ 1-10
Limited liability company name
§ 1-15
Reservation of name
§ 1-20
Assumed name
§ 1-25
Nature of business
§ 1-26
Low-profit limited liability company
§ 1-27
Locale misrepresentation
§ 1-28
§ 1-28
§ 1-30
Powers
§ 1-35
Registered office and registered agent
§ 1-36
Change of registered office or registered agent
§ 1-37
Change of address of registered agent
§ 1-40
Records to be kept
§ 1-43
Supplemental principles of law
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Cite This Page — Counsel Stack

Bluebook (online)
Illinois § 1-46, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/805/1-46.