Sec. 1-46. Applicability of statute of frauds.
46 words·~1 min read·
/il/chapter-805/act-180/1-46A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 1-46. Applicability of statute of frauds. 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.