How much does a $5,000 notary bond cost in South Dakota?
South Dakota notary bonds are issued instantly with errors and omissions coverage for six-year terms, starting at just $50. Errors and omissions coverage ensures you are not held personally liable for mistakes made while notarizing documents. Visit our blog for more information on this essential coverage.
Becoming bonded as a South Dakota notary public only takes a few minutes with SuretyBonds.com! Click Buy Now to purchase your bond online through our secure checkout process.
|Bond Type||Bond Amount||Cost|
|$5,000 Notary Bond $5,000 Errors & Omissions||$5,000||$50|
|$5,000 Notary Bond $10,000 Errors and Omissions||$5,000||$60|
|$5,000 Notary Bond $15,000 Errors and Omissions||$5,000||$100|
|$5,000 Notary Bond $20,000 Errors and Omissions||$5,000||$130|
Why do notaries need to be bonded in the state of South Dakota?
Notaries in South Dakota are required to submit $5,000 surety bonds to the South Dakota Secretary of State prior to performing notarial acts.
By posting a South Dakota notary bond, notaries pledge to adhere to all state laws and perform all notarial duties ethically and lawfully. Should the notary fail to do so, the bond protects the state and the general public from financial loss resulting from the principal’s actions, up to the full penal sum of the bond.
How to become a notary in South Dakota
To be commissioned as a notary in South Dakota, applicants are required to complete the following steps:
- Submit completed application form
- Purchase acceptable notary seal
- Provide proof of residence address
- Complete notary commission questions, date of birth and felony conviction questions
- Obtain $5,000 surety bond
- Pay $30 filing fee
Completed applications with a bond and payment should be mailed to the following address:
Secretary of State 500 E. Capitol Ave., Suite 204 Pierre, SD 57501
Notary surety bonds in South Dakota remain valid for six years from the effective date. Applicants must renew their surety bond at the end of the bond’s term to remain in compliance with the laws of the state.
How to become a remote notary in South Dakota
Individuals who hold an active notary public commission in the state of South Dakota are permitted to conduct online remote notarization services. According to SD House Bill 1272, notary publics may only perform notarial acts electronically under certain conditions.
First, the notary must be able to certify the individual’s identity beyond reasonable certainty. Therefore, notaries have to personally know the individual with whom they are dealing. Additionally, notaries must attach their signature to the tangible document, note the remote location and use of communications technology, and confirm the original form is the same document the individual signed.