Notary Bond Requirements and Commission Maintenance Flashcards
6 cards from real IL NOTARY practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 Notary Bond Requirements and Commission Maintenance flashcards as text
What is the required bond amount for an Illinois notary public?
Answer: $5,000
Illinois requires notaries to obtain a surety bond of $5,000.
Who does the notary bond protect?
Answer: The public against notary misconduct
The notary bond protects the public by providing a financial remedy if the notary causes harm.
How long is the standard term of an Illinois notary commission?
Answer: 4 years
An Illinois notary public commission is valid for a four-year term.
What must an Illinois notary do with their commission and seal when their term expires?
Answer: Destroy the seal and notify the Secretary of State
When a commission expires, the notary must destroy or deface their seal to prevent unauthorized use.
If a claim is paid on an Illinois notary's bond, what happens to the notary?
Answer: The notary must reimburse the surety company
When a surety company pays a claim on a notary bond, the notary is responsible for reimbursing the surety company.
What is required to renew an Illinois notary commission before it expires?
Answer: Submitting a new application, bond, and oath of office
Renewal requires a new application, a new surety bond, and a new oath of office.