Illinois § 407
Full text of Illinois Illinois Compiled Statutes § 407, with citation guidance and answers to common questions.
§ 407.
Department of Business Services Special Operations Fund. (a) The Secretary of State may charge and collect a fee for expedited services as follows: (1) Filing statement of conversion, $200. (2) Filing statement of domestication, $200. (3) Filing statement of amendments, $200. (4) Filing statement of abandonment, $200. (b) All moneys collected under this Section shall be deposited into the Department of Business Services Special Operations Fund. No other fees or taxes collected under this Act shall be deposited into that Fund. (c) As used in this Section, "expedited services" has the meaning ascribed to that term in Section 15.95 of the Business Corporation Act of 1983. (Source: P.A. 100-561, eff. 7-1-18.)
Frequently Asked Questions About Illinois § 407
What does Illinois Compiled Statutes § 407 cover?
Section 407 is part of the Illinois Compiled Statutes, the codified statutory law of Illinois. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Illinois § 407?
A common citation format is "Illinois Compiled Statutes § 407" (Illinois). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Illinois law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Illinois official source linked on this page or consult a licensed Illinois attorney.
How does Illinois § 407 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Illinois can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Illinois.