Sec. 408.1. Fee for valuation of life insurance policies.
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/il/chapter-215/act-5/408-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 408.1. Fee for valuation of life insurance policies. Upon the effective date of this amendatory Act of 1998, all actions to collect life insurance policy valuation fees or to transfer such fees to the General Revenue Fund from any protest account established under the State Officers and Employees Money Disposition Act shall cease and any such protested life insurance policy valuation fee payments shall be returned to the taxpayer who initiated the protest.