§71. Requirement of bond; suspension of notarial commissions; renewal of bonds; penalty
A.Unless otherwise provided by law, the authority of a notary public to exercise any
of the functions of a notary public within his jurisdictional limits shall remain in effect,
provided that the notary posts and maintains bond, with good and solvent security, in the
amount of fifty thousand dollars conditioned on the faithful performance of all duties
required by law toward all persons who may employ him in his official capacity as notary
public.
B.All notaries required to post bond shall file their bond with the secretary of state
and shall maintain on file with the secretary of state their bond.
C.Any court of competent jurisdiction may suspend the commission of any notary
for failure to pay over
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§71. Requirement of bond; suspension of notarial commissions; renewal of bonds; penalty
A. Unless otherwise provided by law, the authority of a notary public to exercise any
of the functions of a notary public within his jurisdictional limits shall remain in effect,
provided that the notary posts and maintains bond, with good and solvent security, in the
amount of fifty thousand dollars conditioned on the faithful performance of all duties
required by law toward all persons who may employ him in his official capacity as notary
public.
B. All notaries required to post bond shall file their bond with the secretary of state
and shall maintain on file with the secretary of state their bond.
C. Any court of competent jurisdiction may suspend the commission of any notary
for failure to pay over money entrusted to him in his official capacity as a notary public, for
failure to satisfy any final judgment rendered against him in such capacity, or for other just
cause.
D.(1) All notaries shall renew their bonds every five years except those notaries who
are bonded with a personal surety, as provided in R.S. 35:75. Notaries with a personal surety
bond shall renew their bonds upon the death of the personal surety in accordance with the
provisions of this Chapter.
(2) All notaries required to renew their bonds shall file the new or renewed bond
with the secretary of state as provided in Subsection B of this Section.
E. The commission of any qualified notary, other than a licensed attorney at law,
who fails to renew his notarial bond timely or who fails to timely file his new or renewed
bond as provided in Paragraph (D)(2) of this Section, shall be automatically suspended, and
the notary shall have no authority to exercise any of the functions of a notary public until the
required bond is in force and effect, and the bond has been filed with the secretary of state.
F. The secretary of state shall be authorized to promulgate rules and regulations,
where necessary, for implementation of this Section, in accordance with the Administrative
Procedure Act. 1
1 R.S. 49:950 et seq.