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Title Insurance Agents

In committee: it can still change before the session ends.

IL HB 4941 · House Bill · 103rd

Stage
In committee
Started in
House
Sponsor
1
Latest action
Apr 5, 2024

What it does

Amends the Title Insurance Act. Provides for the licensure of title insurance agents (instead of registration of title insurance agents by title insurance companies). Makes changes in the definition of "financial interest". Defines "core title agent services". Sets forth requirements for licensure, including examination and educational requirements. Sets forth exemptions from the examination and educational requirements. Provides that it is unlawful for any person, firm, partnership, association, corporation, or other legal entity to act as or hold itself out to be a title insurance agent unless first procuring from the Secretary a license. Provides that no person, firm, association,…

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Where it stands

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Apr 5, 2024

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

While a bill can still move, the questions are about people and money in Illinois.

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TITLE INSURANCE AGENTS | 52