Sec. 40. Fees.

152 words·~1 min read·/il/chapter-815/act-705/40

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 40. Fees.

(a)The Administrator shall charge and collect the fees fixed by this Section, or as prescribed by rule of the Administrator. All fees and charges collected under this Section shall be transmitted to the State Treasurer at least weekly, accompanied by a detailed statement thereof. Such fees and charges shall be refundable at the discretion of the Administrator.

(b)The fee for the initial registration of a franchise shall be $500.

(c)The fee for filing an amended disclosure statement shall be $100 if the amendment pertains to a material change, otherwise $25.

(d)The fee for an interpretive opinion shall be $50.

(e)The fee for filing an initial large franchisor exemption under Section 200.202 of Title 14 of the Illinois Administrative Code shall be $500 and the fee for renewals of this exemption shall be $100.

(f)The fee for filing an annual report shall be $100.