TX Notary Surety Bond and Errors & Omissions Insurance

Question 1

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

Accepted Answer

$10,000

Answer

$5,000

Answer

$15,000

Answer

$25,000

Question 2

To whom is the Texas notary surety bond submitted as part of the commission application?

Accepted Answer

Secretary of State

Answer

County Clerk

Answer

District Court

Answer

State Comptroller

Question 3

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

Accepted Answer

Members of the public

Answer

The notary public

Answer

The notary's employer

Answer

The surety company

Question 4

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

Accepted Answer

4 years

Answer

1 year

Answer

2 years

Answer

5 years

Question 5

What should a Texas notary do if their surety bond is cancelled before their commission expires?

Accepted Answer

Immediately cease all notarial acts and notify the Secretary of State

Answer

Continue notarizing until the commission expires

Answer

Purchase E&O insurance as a substitute

Answer

File a new application for a reduced bond amount

Question 6

What type of entity must provide the surety bond for a Texas notary public?

Accepted Answer

A company authorized to do business in Texas

Answer

A Texas state agency

Answer

A federally chartered bank

Answer

A nonprofit bonding organization

Question 7

When must a Texas notary public obtain their surety bond?

Accepted Answer

Before submitting the notary commission application

Answer

Within 30 days after receiving the commission

Answer

Within 60 days of being commissioned

Answer

After completing required notary training