Terms Used In Illinois Compiled Statutes 755 ILCS 30/2

  • Contract: A legal written agreement that becomes binding when signed.
     This act shall apply to such designations made before or after the effective date of this act by persons who die on or after said date. This act shall not be deemed to create any implication of invalidity as to any designation, of the nature herein described, made by any person who dies before said date or as to any declaration, agreement or contract for the payment of money or other transfer of property at death not specifically described herein.