46-1-4. Bond.
228 words·~1 min read·
/ut/title-46/chapter-1/46-1-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 11/1/2019
46-1-4. Bond.
(1)A notarial commission is not effective until:
(a)the notary named in the commission takes a constitutional oath of office and files a $5,000 bond with the lieutenant governor that:
(i)a licensed surety executes for a term of four years beginning on the commission's effective date and ending on the commission's expiration date; and
(ii)conditions payment of bond funds to any person upon the notary's misconduct while acting in the scope of the notary's commission; and
(b)the lieutenant governor approves the oath and bond described in Subsection (1)(a) .
(2)In addition to the requirements described in Subsection
(1), a remote notary certification described in Section 46-1-3.5 is not effective until:
(a)the notary named in the remote notary certification files with the lieutenant governor evidence that the notary has obtained $5,000 of bond coverage, in addition to the bond coverage described in Subsection (1)(a) , that:
(i)a licensed surety executes for a term that begins on the certification's effective date and ends on the remote notary's commission's expiration date; and
(ii)conditions payment of bond funds to any person upon the remote notary's misconduct while acting in the scope of the remote notary's commission; and
(b)the lieutenant governor approves the additional bond coverage described in Subsection (2)(a) .
Amended by Chapter 192 , 2019 General Session