46-1-4 - Bond.
46-1-4. Bond.
(1) A notarial commission may not become effective until a constitutional oath of officeand a $5,000 bond has been filed with and approved by the lieutenant governor. The bond shallbe executed by a licensed surety for a term of four years commencing on the commission'seffective date and terminating on its expiration date, with payment of bond funds to any personconditioned upon the notary's misconduct while acting in the scope of his commission.
(2) The bond required under Subsection (1) may be executed by the Office of RiskManagement for notaries public employed by a state office or agency.
Amended by Chapter 136, 2003 General Session