Sec. 19. Secretary powers; pricing.
85 words·~1 min read·
/il/chapter-215/act-155/19A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 19. Secretary powers; pricing. Nothing contained in this Act shall be construed as giving any authority to the Secretary to set or otherwise adjust the fees charged to the parties to the transaction for:
(1)issuing a title insurance policy, including any service charge or administration fee
for the issuance of a title insurance policy;
(2)abstracting, searching and examining title;
(3)preparing or issuing preliminary reports, property profiles, commitments, binders,
or like product;
(4)closing fees, escrow fees, settlement fees, and like charges.