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.