Ill. Admin. Code tit. 38 § 610.90

Current through Register Vol. 48, No. 44, November 1, 2024

Section 610.90 - Schedule of Charges for Examinations for Licensee of Pre-Need Contracts Funded by Life Insurance or Tax-Deferred Annuity

a) The charge made by the Comptroller for an examination shall be based upon the total amount of premiums received during the previous calendar year from life insurance or tax-deferred annuities for which the report is required under the Act.

b) The following fee schedule establishes the cost to be paid by licensees for the examination of books and records of the licensee:

Less than $10,000............................................................................... no charge

$10,000 or more but less than $50,000........................................................ $10

$50,000 or more but less than $100,000...................................................... $40

$100,000 or more but less than $250,000.................................................... $80

$250,000 or more....................................................................................... $100

Ill. Admin. Code tit. 38, § 610.90