(Section scheduled to be repealed on January 1, 2027)
207 words·~1 min read·
/il/chapter-225/act-441/1-28A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(Section scheduled to be repealed on January 1, 2027)
Sec. 25-5. Division of Real Estate General Fund; surcharge.
(a)(Blank).
(a-5) The Division of Real Estate General Fund is created as a special fund in the State Treasury. All fees, fines, and penalties received by the Department under this Act shall be deposited into the Division of Real Estate General Fund. All earnings attributable to investment of funds in the Division of Real Estate General Fund shall be credited to the Division of Real Estate General Fund. Subject to appropriation, the moneys in the Division of Real Estate General Fund shall be appropriated to the Department for the expenses incurred by the Department in the administration of this Act.
(b)(Blank).
(c)(Blank).
(c-5) Moneys in the Division of Real Estate General Fund may be transferred to the Professions Indirect Cost Fund, as authorized under Section 2105-300 of the Department of Professional Regulation Law of the Civil Administrative Code of Illinois.
(d)Upon the completion of any audit of the Department, as prescribed by the Illinois State Auditing Act, that includes an audit of the Division of Real Estate General Fund, the Department shall make the audit report open to inspection by any interested person.
(e)(Blank).