Illinois Statutes
§ 1-46 — Applicability of statute of frauds
Illinois·Topic BUSINESS AND EMPLOYMENT·Ch. 805 BUSINESS ORGANIZATIONS·Act 805 ILCS 180/ Limited Liability Company Act.·Art. Article 1 - General Provisions
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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Illinois § 1-46 (Applicability of statute of frauds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Source: P.A. 99-637, eff. 7-1-17 .)
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Records to be kept