What Is A Notary Bond?
What is a Notary Bond?
In most states, notary publics are required by law to purchase and maintain a Notary Bond (Surety Bond). A notary public is a person licensed in his/her state who can legally approve and witness signatures on documents. A notary public can also administer oaths in depositions.
Notary Bonds exist to protect the public from mistakes (think fraud and misconduct) which notaries make while performing their duties.
Think of a Notary Bond as an extra layer of protection for people who need documents notarized, or who need to take an oath.
A Notary Bond is different from Notary Errors and Omissions Insurance. Notary E&O insurance (unlike a Notary Bond) actually protects the notary public. It generally protects against mistakes which are unintentional. You can learn about the differences between a Notary Bond and Notary E&O Insurance here.