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Illinois Compiled Statutes - Full Text
Illinois Compiled Statutes (ILCS)
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(815 ILCS 5/11c) (from Ch. 121 1/2, par. 137.11c)
Sec. 11c.
Securities Audit and Enforcement Fund.
(a) All moneys received by the Secretary of State as a Securities Audit
and Enforcement Fund fee or pursuant to Section 981, 982, or 1963 of Title 18
of the United States Code shall be deposited into the Securities Audit
and Enforcement Fund, a special fund hereby created in the State Treasury.
The moneys in the fund shall be used, subject to appropriation, by the
Secretary of State exclusively for the expenses of that office incurred in
the administration of the duties and obligations
imposed under this Act, the Business Opportunity Sales Law of 1995, the
Illinois Business Brokers Act of 1995, or the Illinois Loan Brokers Act of
1995.
(b) All interest or other income earned from the investment of moneys in
the fund shall be deposited into the fund.
(Source: P.A. 89-209, eff. 1-1-96.)
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