NM Notary Qualifications and Commissioning Process 3

Question 1

What financial protection must a New Mexico notary applicant obtain before receiving a commission?

Accepted Answer

An assurance in the form of a surety bond or its equivalent

Answer

A certificate of deposit held by the state

Answer

A personal letter of credit from a bank

Answer

Errors and omissions insurance of $100,000

Question 2

What is the required amount of the assurance (surety bond) for a New Mexico notary public?

Accepted Answer

$10,000

Answer

$50,000

Answer

$1,000

Answer

$5,000

Question 3

The surety bond required of a New Mexico notary primarily protects whom?

Accepted Answer

Members of the public harmed by the notary's misconduct

Answer

The notary's employer

Answer

The Secretary of State's office budget

Answer

The notary against lawsuits

Question 4

An applicant knowingly provides false information on her New Mexico notary application. What is a likely consequence?

Accepted Answer

Denial of the application or revocation of the commission

Answer

Automatic approval with a warning letter

Answer

A mandatory retest after 30 days

Answer

Transfer of the application to another county

Question 5

Which citizenship or residency status satisfies New Mexico's notary qualification rules?

Accepted Answer

U.S. citizen or permanent legal resident of the United States

Answer

Only persons born in New Mexico

Answer

Any person holding a valid visa of any type

Answer

U.S. citizen only

Question 6

Before beginning to perform notarial acts, a newly approved New Mexico notary must do what?

Accepted Answer

Take the oath of office required for the commission

Answer

Complete 40 hours of apprenticeship

Answer

Publish a notice in a local newspaper

Answer

Register with the county sheriff

Question 7

A New Mexico notary commission authorizes the notary to perform notarial acts in which territory?

Accepted Answer

Anywhere within the state of New Mexico

Answer

Anywhere in the United States

Answer

Only within the city listed on the application

Answer

Only in the county where the notary lives