Illinois § 50

Full text of Illinois Illinois Compiled Statutes § 50, with citation guidance and answers to common questions.

§ 50.

Fees. (a) The license and permit fees required under this Act are as follows: (1) Class "R" license (recovery agency), $825. (2) Class "RR" license (branch office), $425. (3) Class "MR" license (recovery agency manager), $325. (4) Class "E" recovery permit, $75. (5) Class "EE" recovery permit (recovery agent intern), $75. An agency shall submit an application to register any remote storage location or locations. The Commission shall develop by rule the requirements for registering remote storage locations. The fee for each registration shall not exceed $300 as set by the Commission. (b) The Commission may establish by rule a fee for the replacement or revision of a license or recovery permit. (c) The fees set forth in this Act or by rule must be paid by certified check or money order, or at the discretion of the Commission, by agency check at the time of application. The Commission, at its discretion, may also allow for the submission of electronic payments. An applicant filing an application, registration, or form that carries a fee, must pay the associated fee at the time the application, registration, or form is filed. Once paid, all fees are non-refundable. (Source: P.A. 102-748, eff. 1-1-23.)

Frequently Asked Questions About Illinois § 50

What does Illinois Compiled Statutes § 50 cover?

Section 50 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 § 50?

A common citation format is "Illinois Compiled Statutes § 50" (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 § 50 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.