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The Curious Bag
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After taking any required courses and passing your notary exam, you may have to wait to receive your commission to start acting as a notary until you post a bond. Twenty-nine states and the District of Columbia require notary bonds to protect the public.
License Bonds
A license bond is a special subcategory of surety bonds that refers to any bond required to obtain a license, commission or permit to conduct business. A notary bond falls within this subcategory.
Purpose
A notary bond is used to guarantee that the notary will obey all laws, rules and regulations that apply to the notary's commission.
Bond Qualifications
A background free from acts of dishonest or criminal behavior is the primary qualification for a notary bond.
Bond Amount
States that require notary bonds specify the amount of the bond, which is usually anywhere between $500 and $15,000.
Misconduct
Any failure on your part to strictly follow the law regarding notaries in your state will expose your bond to claims that could result in your inability to obtain a bond in the future.
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