Which of the following statements is true about electronic notarization?

The statement about electronic notarization that is true is that it involves notarizing an electronic document. This means that the notary public can perform their duties using digital technology to verify the identity of the signers and maintain the integrity of the document being notarized. Electronic notarization is designed to streamline the notarization process by allowing documents to be signed electronically, thus removing the necessity for physical paperwork in many cases.

This is significant because it aligns with the evolving landscape of legal transactions, where time and efficiency are crucial. It allows signers to complete the notarization process remotely, utilizing secure audio-video communication tools without the need for a physical presence. This flexibility can facilitate smoother transactions for parties who may not be able to meet in person.

In contrast, requiring a physical document would betray the core purpose of electronic notarization, which is to eliminate the need for such documents. Similarly, the stipulation that signers must be in the same location as the notary does not apply since electronic notarization specifically allows for remote interactions. Additionally, the notion that only one signer can use audio-video communication is incorrect; all parties involved can participate in a secure online session, which is a key feature of electronic notarization.