Illinois Statutes

§ 8-113 — Statute of frauds inapplicable

Illinois § 8-113
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 810COMMERCIAL CODE
Act 810 ILCS 5/Uniform Commercial Code.
Art.Article 8 - Investment Securities

This text of Illinois § 8-113 (Statute of frauds inapplicable) 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
810 Ill. Comp. Stat. 8-113 (2026).

Text

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.

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Legislative History

(Source: P.A. 89-364, eff. 1-1-96.)

Nearby Sections

15
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Bluebook (online)
Illinois § 8-113, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/810/8-113.