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Current as of January 01, 2025 | Updated by Findlaw Staff
§ 48.05. Regulatory fees. For the fiscal year beginning July 1, 2007 and every year thereafter, each state bank regulated by the Department shall pay a regulatory fee to the Department based upon its total assets as reflected in the most recent quarterly report of condition at the following rates:
19.295¢; per $1,000 of the first $5,000,000 of total assets;
18.16¢; per $1,000 of the next $20,000,000 of total assets;
15.89¢; per $1,000 of the next $75,000,000 of total assets;
10.7825¢; per $1,000 of the next $400,000,000 of total assets;
8.5125¢; per $1,000 of the next $500,000,000 of total assets;
6.2425¢; per $1,000 of the next $19,000,000,000 of total assets;
2.27¢; per $1,000 of the next $30,000,000,000 of total assets;
1.135¢; per $1,000 of the next $50,000,000,000 of total assets; and
0.5675¢; per $1,000 of all assets in excess of $100,000,000,000 of the state bank.
Cite this article: FindLaw.com - Illinois Statutes Chapter 205. Financial Regulation § 5/48.05. Regulatory fees - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-205-financial-regulation/il-st-sect-205-5-48-05/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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