A notary public is a person who has been commissioned by the government to witness signatures on legal documents and official acts in order to provide evidence of their authenticity. A notary public must take an oath before they can practice their profession, which requires them to be trustworthy and diligent in their duties.
Notaries should be bonded in all states, but some states require it more than others. Some states require bonds for all public notaries, while other states only require bonds for commissioned and registered notaries.
Public Notary Bonds – What They Protect
The purpose of a notary bond is to protect the general public from any potential fraudulent activities committed by the notary. For example, if someone were to attempt to defraud another individual or business with false documentation, they could face severe legal repercussions if caught. However, with this protection, they would have some form of recourse against any potential losses suffered as a result of their actions. This includes both civil lawsuits and criminal charges filed against them by state authorities.
Notaries should be held accountable for their actions because they are entrusted with power over sensitive documents such as wills and affidavits that could potentially cause harm if improperly handled by those without proper training or expertise in legal matters.
Keeping Your Notary Bond Active
As a notary public, it’s important to keep your notary bond active. When you are appointed as a notary, you have to purchase a surety bond in order to obtain your commission. The bond is valid for not just one year, but as long as you are in practice as a notary public. Your bond will be terminated if you cease practicing as a notary or if you fail to renew your commission before it expires.
Whether you’re a customer or business owner, checking that your notary is bonded is one way to help ensure that the person you’ve chosen is trustworthy. This can give you peace of mind knowing that someone will help cover any mistakes made in the future on the part of your notary. Whether you need a notary bond or not, it’s a good idea to know what they are and why they matter if you deal with notaries regularly.
Notary bonds are important for notaries to have, and they help protect the public from possible bad notaries.