Bill Text: IL SB2037 | 2019-2020 | 101st General Assembly | Enrolled
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Amends the Illinois Notary Public Act. Provides that every company, corporation, association, organization, or person that remits notary public applications to the Secretary of State on behalf of applicants for appointment and commission as a notary public, for compensation or otherwise, shall comply with standards to qualify for licensure as a notary public remittance agent. Provides standards to qualify for licensure as a notary public remittance agent.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2019-08-09 - Public Act . . . . . . . . . 101-0366 [SB2037 Detail]
Download: Illinois-2019-SB2037-Enrolled.html
Bill Title: Amends the Illinois Notary Public Act. Provides that every company, corporation, association, organization, or person that remits notary public applications to the Secretary of State on behalf of applicants for appointment and commission as a notary public, for compensation or otherwise, shall comply with standards to qualify for licensure as a notary public remittance agent. Provides standards to qualify for licensure as a notary public remittance agent.
Spectrum: Partisan Bill (Democrat 3-0)
Status: (Passed) 2019-08-09 - Public Act . . . . . . . . . 101-0366 [SB2037 Detail]
Download: Illinois-2019-SB2037-Enrolled.html
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1 | AN ACT concerning government.
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2 | Be it enacted by the People of the State of Illinois,
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3 | represented in the General Assembly:
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4 | Section 5. The Illinois Notary Public Act is amended by | ||||||
5 | adding Section 2-107 as follows:
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6 | (5 ILCS 312/2-107 new) | ||||||
7 | Sec. 2-107. Notary public remittance agent. | ||||||
8 | (a) Every company, corporation, association, organization, | ||||||
9 | or person that remits notary public applications to the | ||||||
10 | Secretary of State on behalf of applicants for appointment and | ||||||
11 | commission as a notary public, for compensation or otherwise, | ||||||
12 | shall comply with standards to qualify for licensure as a | ||||||
13 | notary public remittance agent. | ||||||
14 | (b) The standards to qualify for licensure as a notary | ||||||
15 | public remittance agent shall include, but not be limited to, | ||||||
16 | the following: | ||||||
17 | (1) the applicant has not been the subject of any | ||||||
18 | administrative citation, criminal complaint, or civil | ||||||
19 | action arising from his or her duties as a notary public | ||||||
20 | remittance agent; | ||||||
21 | (2) the agent holds a surety bond in the amount of | ||||||
22 | $20,000 for the purposes of acting as a remittance agent; | ||||||
23 | and |
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1 | (3) the agent complies with all requirements set forth | ||||||
2 | by the Secretary of State for the submission of the notary | ||||||
3 | public applications. | ||||||
4 | (c) The provisions of this Section do not apply to units of | ||||||
5 | local government.
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