Illinois Escrow license
Illinois Requires Escrow companies to be Licensed
Illinois Escrow licensing: Illinois requires companies to be licensed as an Escrow company. Companies must also still comply with federal, state and local laws. Other licenses or permits may be required depending on the nature of each particular business.
Certificate of Authority
With certain limited exceptions, an Illinois Certificate of Authority is required if a company does business in Illinois regardless of where the company is located.
A certificate of authority (also known as a certificate of registration) is a document that the State of Illinois requires companies not incorporated in Illinois to obtain before “transacting business” within the state borders of Illinois.
The filing fee for getting licensed as an Escrow company in Illinois is: Call for a free quote.
The filing fee for a foreign limited liability company to register an Illinois Certificate of Authority is $150.
The filing fee for a foreign corporation to register an Illinois Certificate of Authority is $150.
Do you want to check on other states’ requirements for obtaining a New Escrow license? Click here.