What is the minimum bond amount a notary must submit to perform remote notarizations?

The minimum bond amount a notary must submit to perform remote notarizations is set at $25,000. This requirement is established to provide a financial guarantee that protects the public against potential errors or misconduct by the notary while performing remote notarizations.

Having a bond in place ensures that if a notary were to engage in fraudulent activity or fail to fulfill their duties appropriately, there are financial resources available to address any claims made by affected parties. The amount balances the need for consumer protection while also acknowledging the notary's responsibility in their role.

The other bond amounts listed exceed the established minimum, which could create an unnecessary burden on notaries while not providing additional protections commensurate with the added costs.