How much does a notary bond cost in Montana?
The Secretary of State requires notaries to submit a $10,000 surety bond before being commissioned in Montana.
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|Bond Type||Bond Amount||Cost|
|$10,000 Notary Bond 4-year term||$10,000||$50|
|$10,000 Notary Bond with $10,000 Errors and Omissions Insurance 4-year term||$10,000||$75|
Why do I need this bond?
Montana notary bonds protect against fraudulent acts on behalf of a notary. By posting this bond, principals (notaries) agree to abide by all rules and regulations stated in the Montana Code Annotated. Prohibited acts include, but are not limited to:
- Notarizing a document where he or she is a named party
- Notarizing any document where the notary is the sole interest or may directly benefit
- Certifying any document issued by a public entity if not employed by that entity
If a notary public fails to perform his or her duties as required by state regulations, a claim can be made against the bond to cover losses.
What’s the fine print?
The state does not have a specific form available for this bond requirement, which means the surety company will issue this bond on a generic form. Montana notary bonds are issued for a four-year term.