IL Notary Notary Bond Requirements and Commission Maintenance 2

Question 1

What is the required bond amount for an Illinois notary public?

Accepted Answer

$5,000

Answer

Illinois requires notaries to obtain a surety bond of $5,000.

Question 2

Who does the notary bond protect?

Accepted Answer

The public against notary misconduct

Answer

The notary bond protects the public by providing a financial remedy if the notary causes harm.

Question 3

How long is the standard term of an Illinois notary commission?

Accepted Answer

4 years

Answer

An Illinois notary public commission is valid for a four-year term.

Question 4

What must an Illinois notary do with their commission and seal when their term expires?

Accepted Answer

Destroy the seal and notify the Secretary of State

Answer

When a commission expires, the notary must destroy or deface their seal to prevent unauthorized use.

Question 5

If a claim is paid on an Illinois notary's bond, what happens to the notary?

Accepted Answer

The notary must reimburse the surety company

Answer

When a surety company pays a claim on a notary bond, the notary is responsible for reimbursing the surety company.

(IL Notary) Illinois Notary Exam Practice Test