Notaries are affected by a new Nevada State law referred to as SB 92. The new law allows the Secretary of State to appoint notaries public for electronic documents. The electronic notaries will be subject to the present surety bond requirement required of notaries of paper documents. The law requires a surety bond in the amount of $10,000. In addition to the specifications for the surety bond and the surety company provided in present law, the surety bond also must guarantee cooperation with SB 92’s requirements relating to the appointment requirements for an electronic notary and the notarization of electronic documents. SB 92 became active upon enactment.
Eric is the Chief Marketing Officer of JW Surety Bonds. With years of experience in the surety industry, he is also a contributing author to the surety bond blog. He has held a range of different roles within the surety industry, from agent assistant to bond issuer, which gives him a unique insider perspective on surety related topics.