TITLE 38: FINANCIAL INSTITUTIONS
CHAPTER II: DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
PART 375 CALCULATION, ASSESSMENT AND COLLECTION OF PERIODIC FEES
SECTION 375.51 ASSESSMENT OF ACCRUED FEES AGAINST A CORPORATE FIDUCIARY


 

Section 375.51  Assessment of Accrued Fees Against a Corporate Fiduciary

 

When a corporate fiduciary surrenders its certificate of authority, that corporate fiduciary shall be liable on a pro rata basis to the Commissioner for the accumulated Corporate Fiduciary Regulatory Fee up to, and including, the date of surrender.

 

(Source:  Added at 24 Ill. Reg. 225, effective December 31, 1999)