Illinois § 48.05
Full text of Illinois Illinois Compiled Statutes § 48.05, with citation guidance and answers to common questions.
§ 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. (Source: P.A. 99-39, eff. 1-1-16.)
Frequently Asked Questions About Illinois § 48.05
What does Illinois Compiled Statutes § 48.05 cover?
Section 48.05 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 § 48.05?
A common citation format is "Illinois Compiled Statutes § 48.05" (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 § 48.05 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.