Illinois Statutes

§ 15.60 — Rate of license fees payable by foreign corporations

Illinois § 15.60
JurisdictionIllinois
TopicBUSINESS AND EMPLOYMENT
Ch. 805BUSINESS ORGANIZATIONS
Act 805 ILCS 5/Business Corporation Act of 1983.
Art.Article 15 - Fees, Franchise Taxes And Charges

This text of Illinois § 15.60 (Rate of license fees payable by foreign corporations) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
805 Ill. Comp. Stat. 15.60 (2026).

Text

The initial license fee and all additional license fees payable by a foreign corporation shall be computed at the rate of one-twentieth of one per cent of the basis prescribed in this Act for the computation of the initial license fee and additional license fees, respectively, but the initial license fee shall not be less than 50 cents.

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Legislative History

(Source: P.A. 83-1025.)

Nearby Sections

15
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Bluebook (online)
Illinois § 15.60, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/805/15.60.