Louisiana notary bond cost
The Louisiana Secretary of State requires that all Louisiana notary public post a $10,000 surety bond.Surety Bonds can issue these bonds instantly without a credit check! Louisiana notary bonds will cost you $110 without Errors and Omissions Insurance and $150 with Errors and Omissions Insurance.These bonds last for 5 years from the date of issuance.
Why this bond
Notary bonds in Louisiana protect the state and customers from fraudulent activity that might occur at the hand of a notary. By posting this bond, notaries enter into an indemnity agreement with the state and the surety. According to the Louisiana Revised Statutes, notaries cannot:
- intentionally commit any form of misrepresentation or fraud
- knowingly certify something as true when it is in fact false
- notarize any documents pertaining to or benefiting the notary and more
Louisiana notary bonds remain in effect for 5 years from the date of issuance. If the notary fails to comply with the terms of the surety contract, the bond agreement becomes null and void. Once the bond form is completed, it must be filed with the Clerk of Court with a $20 filing fee.
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