SB2037 EnrolledLRB101 05015 RJF 50024 b

1    AN ACT concerning government.
 
2    Be it enacted by the People of the State of Illinois,
3represented in the General Assembly:
 
4    Section 5. The Illinois Notary Public Act is amended by
5adding Section 2-107 as follows:
 
6    (5 ILCS 312/2-107 new)
7    Sec. 2-107. Notary public remittance agent.
8    (a) Every company, corporation, association, organization,
9or person that remits notary public applications to the
10Secretary of State on behalf of applicants for appointment and
11commission as a notary public, for compensation or otherwise,
12shall comply with standards to qualify for licensure as a
13notary public remittance agent.
14    (b) The standards to qualify for licensure as a notary
15public remittance agent shall include, but not be limited to,
16the 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

 

 

SB2037 Enrolled- 2 -LRB101 05015 RJF 50024 b

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
5local government.