(a) Notwithstanding any other penalty provided by this article, if any person required to file any annual or special report fails to do so within 30 days after receiving notice of default from the Secretary, he shall be fined $100 for each day he fails to file. The forfeiture shall be recoverable in a civil suit in the name of the State brought in the county where the person has his principal office or in any county in which he does business.
(b) The State’s Attorneys, under the direction of the Attorney General, shall prosecute for the recovery of any forfeiture. All fines resulting are payable to the State Treasury. The costs and expenses of prosecution shall be paid out of the appropriation for the expenses of the State courts.