How much does a $10,000 Louisiana notary bond cost?
Louisiana notary bonds are issued for five-year terms starting at $110. You can also add errors and omissions coverage for additional premium. Including errors and omissions insurance with your bond ensures you are NOT held personally liable for mistakes made while notarizing documents. Visit our blog for more information on this essential coverage.
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Why do I need this bond?
The Louisiana Secretary of State requires that all Louisiana notaries post a $10,000 surety 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 agreement with both the state and the surety that they will act in accordance with the Louisiana Revised Statutes. A claim may be filed against the bond if the notary fails to abide by all relevant rules and regulations.
What’s the fine print?
Louisiana notary bonds remain in effect for five 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.