True or False: Notarial fees must be kept in the same record as non-notarial fees.

The statement that notarial fees must be kept in the same record as non-notarial fees is false. In Illinois, notaries are required to maintain a record of their notarial acts, and this record should distinctly track fees associated with those notarial services separately from any other fees incurred through different, non-notarial transactions. This separation helps in both transparency and accountability, allowing for clear financial tracking of the notarial services provided.

Keeping notarial fees separate from non-notarial fees is particularly important for compliance with state laws and regulatory practices that govern notarial conduct. This distinction aids in preventing potential conflicts of interest and in ensuring that clients can accurately confirm the specific nature of the fees being charged for notarial services.