What is a Montana Notary Bond?
Learn about one of the most important requirements for becoming a Notary Public in Montana!
Section 1-5-603 of the Montana Code Annotated, also known as The Revised Uniform Law on Notarial Acts, requires any person intending to be commissioned by the Montana Secretary of State to furnish a surety bond to perform a notarial act.
The purpose of the bond is to ensure that the individual will fulfill his role in a proper manner and under the obligation of the oath that he or she has taken.
What is the bond amount?
The bond amount is $10,000.
Those who have excellent credit scores may be eligible for a very low bond premium. Find out what you need to pay by getting your FREE quote here today!
What are the bond conditions?
- The bond must be issued by a surety bond company that is licensed to conduct such business in Montana
- The bond must be issued in the form approved by the Montana Secretary of State
- The bond must be obtained 30 days before or 30 days after the principal’s Application for Appointment as a Montana Notary Public is received in the Secretary of State’s office
- The bond must cover the acts performed by the Notary Public within the term of his or hers commission
- In case a valid claim arises, the surety bond company should notify the secretary of state within 30 days after paying a claimant
- The bond’s term will run concurrently with the Notary Public’s 4-year term of commission
- In case of cancellation, a 30-day notice is required
How can I acquire this bond?
To secure this type of present, you must seek the assistance of a surety bond company such as Surety Bond Authority.
First, you need to submit a bond application. Once the application is received, one of our expert surety bond agents will guide you through the whole process – from application until submission. We will make sure that you understand all the conditions before the bond is issued.
An underwriter will then evaluate your financial strength, job performance history, and your credit score.
Once the prequalification process is fulfilled, we will execute the bond and send it to you!
What else are the requirements to become a Notary Public in Montana?
- Complete and submit the Application for Appointment as a Montana Notary Public form online. You may also print the form, fill it out, and submit it to the office of the Montana Secretary of State.
- Have your Application for Appointment as a Montana Notary Public form notarized
- Pass the Montana Notary Exam
- Pay the $25 application fee
Are you ready to get started on your bond? Call us today!