|SB2037 Engrossed||LRB101 05015 RJF 50024 b|
AN ACT concerning government.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
The Illinois Notary Public Act is amended by
adding Section 2-107 as follows:
(5 ILCS 312/2-107 new)
Notary public remittance agent.
(a) 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.
(b) The standards to qualify for licensure as a notary
public remittance agent shall include, but not be limited to,
(1) the applicant has not been the subject of any
administrative citation, criminal complaint, or civil
action arising from his or her duties as a notary public
(2) the agent holds a surety bond in the amount of
$20,000 for the purposes of acting as a remittance agent;