(805 ILCS 10/12.1) (from Ch. 32, par. 415-12.1)
Sec. 12.1.
Any corporation which on 2 occasions issues or delivers a
check or other order to the Department of Financial and Professional Regulation
which is not honored by the financial institution upon which it is drawn
because of insufficient funds on account, shall pay to the
Department, in addition to the amount owing upon such check or other order,
a fee of $50. If such check or other order was issued or delivered in payment
of a renewal fee and the corporation whose certificate of registration has
lapsed continues to practice as a corporation without paying the renewal
fee and the $50 fee required under this Section, an additional fee of $100
shall be imposed for practicing without a current license. The Department
shall notify the corporation whose certificate of registration has lapsed,
within 30 days after the discovery by the Department that such corporation
is operating without a current certificate, that the corporation is
operating without a certificate, and of the amount due to the Department,
which shall include the lapsed renewal fee and all other fees required by
this Section. If after the expiration of 30 days from the date of such
notification, the corporation whose certificate has lapsed seeks a current
certificate, it shall thereafter apply to the Department
for reinstatement of the certificate and pay all fees due to the Department.
The Department may establish a fee for the processing of an application
for reinstatement of a certificate which allows the Department to pay all costs
and expenses incident to the processing of this application. The Director
may waive the fees due under this Section in individual cases where he finds
that in the particular case such fees would be unreasonable or unnecessarily
burdensome.
(Source: P.A. 99-227, eff. 8-3-15.)
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