What Is A Hawaii Notary Bond?
All surety bonds provide legal protection for the parties partaking in an agreement. A notary bond is a special type of surety bond in which those parties are the notary, the state, and the private company underwriting the bond. Hawaii requires each and every notary to obtain a bond of at least $1,000 in order to provide protection for their clients in the event of losses or damages.
When notarizing documents, there is always a risk of error. If a legal document contains mistakes or omissions, the consequences can potentially be extremely costly to the client. The notary surety bond protects the public from expenses that might occur in the event of faulty work on the part of the notary. These bonds protect the notary professionals, and the residents of HI, from financial harm in the event of a notarial error.
If you are in need of this valuable bond coverage, contact Ox Bonding to learn more about your solutions.