GA Notary Notary Bonds and Errors & Omissions Insurance

Question 1

What is the required surety bond amount for a Georgia notary public?

Accepted Answer

$10,000

Answer

$500

Answer

$1,000

Answer

$25,000

Question 2

With which official must a Georgia notary public file their surety bond?

Accepted Answer

Clerk of Superior Court

Answer

Secretary of State

Answer

County Tax Commissioner

Answer

County Sheriff

Question 3

How long does a Georgia notary's surety bond remain in effect?

Accepted Answer

4 years

Answer

1 year

Answer

2 years

Answer

5 years

Question 4

Who is primarily protected by a Georgia notary's surety bond?

Accepted Answer

Members of the general public

Answer

The notary personally

Answer

The notary's employer

Answer

The bonding company

Question 5

If a surety company pays a claim against a Georgia notary's bond, what is the notary's obligation?

Accepted Answer

Reimburse the surety company for the amount paid

Answer

Nothing; the bond fully covers all claims

Answer

Purchase a new bond immediately

Answer

Surrender their notary commission

Question 6

When must a Georgia notary obtain their surety bond relative to performing notarial acts?

Accepted Answer

Before performing any notarial acts

Answer

Within 30 days after performing their first act

Answer

Within 60 days of commission approval

Answer

Any time during the first year of the commission term

Question 7

What type of coverage is recommended but NOT required by Georgia law to personally protect a notary from liability?

Accepted Answer

Errors and Omissions (E&O) insurance

Answer

Surety bond

Answer

Fidelity bond

Answer

General liability insurance