California AB1828 modifies bonding requirements for notaries public, including fees and retention periods for bonds and cash deposits.
California AB1828 amends the Business and Professions Code to adjust the bonding requirements for notaries public. It specifies that a notary public must file an official bond and oath of office within 30 days of the beginning of their term, with the bond executed by a corporate surety qualified to do business in California. The bond amount varies based on the type of registrant and the number of assistants employed. For individuals, the bond is $25,000; for partnerships or corporations, it ranges from $25,000 to $100,000 depending on the number of assistants.
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