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Fees and Compensation Flashcards

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  1. Under Montana law, what is the maximum fee a notary public may charge per notarial act?

    Answer: $5

    Montana Code Annotated §1-5-420 sets the maximum fee for a notarial act at $5 per act.

  2. A Montana notary charges $10 for a single acknowledgment. Which statement best describes this action?

    Answer: It violates Montana's maximum fee statute

    Charging above the $5 statutory maximum violates Montana Code Annotated §1-5-420 regardless of any agreement with the signer.

  3. A Montana notary who is a state government employee performs a notarization for a member of the public during work hours. What is the typical rule regarding fees in this situation?

    Answer: The notary may not charge a personal fee while acting in their official government capacity

    Government employees acting as notaries in their official capacity are generally prohibited from collecting personal fees for those acts.

  4. Which Montana statute primarily governs the fees a notary public may charge?

    Answer: MCA §1-5-420

    Montana Code Annotated §1-5-420 is the specific provision that establishes the maximum fee a notary may charge per notarial act.

  5. A Montana notary notarizes five signatures on separate documents in a single appointment. What is the maximum total fee the notary may legally charge?

    Answer: $25

    At $5 per notarial act and five separate acts, the maximum permissible total fee is $25.

  6. Under Montana law, is a notary required to charge a fee for every notarial act performed?

    Answer: No, a notary may perform acts for free at their discretion

    Montana law sets a maximum fee but does not require notaries to charge; they may perform notarial acts for free at their discretion.

  7. A Montana notary charges a travel fee in addition to the $5 notarial fee for driving to a signer's home. Which statement is most accurate?

    Answer: A reasonable travel fee is permissible as a separate charge from the notarial fee

    Montana law caps the fee for the notarial act itself at $5 but does not prohibit separately negotiated travel or mobile fees.