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New Indiana Notary Law Brings Higher Fees, Bonds And Education Requirements

Indiana-flag-resized.jpgAn update to Indiana’s Notary laws allows Notaries to charge higher fees and adds new training, testing and surety bond requirements takes effect July 1 of this year.

New Indiana Notary Fees

The maximum fee Notaries may charge for their services will be raised from $2 to $10 when Senate Bill 539 goes into effect in July. Notaries will also be permitted to charge a separate fee for travel to perform a notarization that may not exceed the federal travel fee guidelines established by the U.S. General Services Administration. Indiana Notaries who choose to charge a fee for their services must display a fee schedule.

Notary Training And Testing Updates
 

Under SB 539, Notary applicants must complete an education course and test administered by the Secretary of State’s office. They must also complete a continuing education course every two years.

Increased Indiana Bond Requirements

Starting July 1, the required amount for a Notary’s mandatory “assurance” (surety bond or functional equivalent) is increased from $5,000 to $25,000.

For more information, please see the NNA’s summary of IN SB 539

David Thun is an Associate Editor at the National Notary Association. 

Additional Resources:

NNA Hotline

 

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