Illinois Administrative Code
Title 14 - COMMERCE
Part 145 - REGULATIONS UNDER THE ILLINOIS LOAN BROKERS ACT OF 1995
Subpart I - RULES OF GENERAL APPLICATION
Section 145.2110 - Payment of Fees

Universal Citation: 14 IL Admin Code ยง 145.2110

Current through Register Vol. 48, No. 12, March 22, 2024

a) Fees under the Act are as follows:

Section 15-15

Application Filing Fee

$300

Examination Fee

$50

Registration Fee

$10

Section 15-20

Renewal Application Filing Fee

$300

Examination Fee

$50

Renewal Late Fee

$100*

Loan Broker Fee to report a change in its form of organization or change of its name

$20

Service of Process (when served upon the Secretary of State)

$10

Section 15-50

Certificate

$10

Certified Copy of Document

$10 plus

Each Page Certified

$ .50

Non-Binding Statement

$75

Duplication of Documents

Each Page Duplicated

$ .50

Additional fee for payment of fee returned to the Securities Department due to insufficient funds or for a similar reason

$50

*If the renewal application is filed within 29 days preceding the expiration of the current registration.

b) All payments of fees, except for payment of administrative fines under the Act, as set forth below, shall be made by check, money order, certified check, bank cashier's check, or indicia of forms of electronic transfer of funds payable to the "Secretary of State". No third party check or money order endorsed over to the Secretary of State shall be accepted as payment of any fee. All payments for administrative fines, except for a person registered under Section 15-15 or 15-20 of the Act shall be made by money order, certified check or bank cashier's check.

c) Any person whose payment of fees is returned to the Securities Department due to insufficient funds or for a similar reason shall pay to the Secretary of State the amount of fee owed plus an additional fee as set forth in this Section for each payment returned. This fee shall include the fee required by 5 ILCS 290/10.

d) The Secretary of State shall require any person to make payment of fees in the form of a money order, certified check or bank money order if any previous payment of fees has been returned to the Securities Department due to insufficient funds or for a similar reason.

e) All payment of fees under the Act shall be deemed to be filed and the fees paid upon receipt by the Securities Department, provided that the fee paid is not less or more than five dollars of the amount due.

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