Albuquerque Journal (Albuquerque, NM)

$10,000 bond will be required of all notaries.(Business Outlook)

Byline: Ask the Probate Judge Merri Rudd For the Journal

Several columns have mentioned signing documents, such as wills, trusts, deeds and powers of attorney, in the presence of a notary public. New, stricter laws governing notaries take effect July 1.

A $10,000 surety bond will be required of all notaries. Currently, two sureties can personally guarantee the notary's actions, or the notary can obtain a $500 bond.

The most important job of a notary public is to verify that the person signing the document is who he or she claims to be and personally signed the document in the notary's presence. The person signs the document, the notary signs the notarial certificate, and then the notary either puts an impression in the paper with a seal or stamps it with a rubber stamp approved by the secretary of state. …

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