What Is A Georgia Notary Bond?
Surety bonds in Georgia are a means of protection. These bonds are put into place to ensure that the responsibilities of particular individuals are properly fulfilled and provide financial coverage should the individual fail to comply. In GA a person wanting to become a notary public will be required to purchase a notary bond. This bond will protect the public and the state of Georgia in the event that the notary public fail to provide accurate services.
A GA notary bond is essentially a line of credit, meaning that should a claim be filed against the notary public because he did not properly verify the identities of one or more people involved in the a notary process, the money will be there. This money is not simply written off, however. Most like the Georgia surety company will require reimbursement from the notary after the cost of the claim has been paid.