1.1 	A bill for an act
1.2 	relating to commerce; regulating closing agents; exempting a licensed attorney 
1.3 	and a direct employee of a licensed attorney from the licensing requirements for 
1.4 	closing agents;amending Minnesota Statutes 2011 Supplement, section 82.641, 
1.5 	subdivision 1.
1.6 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.7 	Section 1. Minnesota Statutes 2011 Supplement, section 82.641, subdivision 1, is 
1.8 	amended to read:
1.9 		Subdivision 1.License required. (a) Except as otherwise provided in paragraph 
1.10 	(b), a person shall not act as a real estate closing agent unless licensed as provided in 
1.11 	this section. The commissioner shall issue a license as a closing agent to a person who 
1.12 	qualifies for the license under the terms of this chapter.
1.13 	(b) A licensed attorney, and a direct employee of a licensed attorney, are exempt 
1.14 	from the licensing requirements of paragraph (a).

1.15 	EFFECTIVE DATE. This section is effective the day following final enactment.