The state of California requires notary publics to post a surety bond to be eligible to operate in the state. The bonds protect the public from any financial losses resulting from the notary’s negligence or misconduct. They are issued for 4-year terms and remain in effect unless canceled by the surety company.
You can apply online for the bond directly through a surety company or agency. After your application is approved, you will receive a surety bond quote with the bond premium (the amount you must pay to get the bond). If you accept the quote, you pay the premium and the surety company issues you the bond.
Unlike other types of surety bonds, California notary bonds do not require a credit check as part of the underwriting process. As a result, the bonds are often issued instantly upon completing the application.
All California notary publics must post a $15,000 surety bond. The surety company issuing the bond determines the percentage of the total bond amount you need to pay as a premium. The premium for a California notary public bond is $38.
To be appointed as a California notary public, you must meet the following requirements set forth by the California Secretary of State:
The notary exam costs $40. Once you pass the exam it can take between two weeks to six months to receive your commission. After the notary commission has been issued, you have 30 days to file the surety bond with their county clerk’s office.
For more details on becoming a notary public in California, you can visit the Secretary of State’s website.
You’ll know if you need a surety bond because some entity will have required you to obtain one. They must also inform you of which specific bond type you’ll need. There are thousands of bonds across the country, all of which vary by state and industry.
Visit EZSuretyBonds.com to browse hundreds of bonds by state, type, or industry.