Illinois Administrative Code
Title 38 - FINANCIAL INSTITUTIONS
Part 315 - ELECTRONIC FUND TRANSFERS
Subpart C - FEES FOR THE EXAMINATION OF NETWORKS AND SWITCHES
Section 315.310 - Fees and Charges

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

The Secretary is authorized by Section 25 of the Act to examine any network and any switch as to any transaction by, with, or involving a financial institution that has established a terminal in this State. The Secretary shall charge a fee of no more than $750 per examiner per day to cover the costs of such an examination. The Secretary reserves the right to charge less than the fee stated in this Section. The same fee will be charged equally to all networks examined under this Part, unless the examination costs of a particular network justify an additional amount (i.e., out-of-state or out-of-country travel or use of contract personnel).

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