(805 ILCS 5/15.60)
(from Ch. 32, par. 15.60)
Rate of license fees payable by foreign corporations.
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.
(Source: P.A. 83-1025.)