Kansas Notary Bonds
Surety Bond Professionals is a family-owned and operated agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all your Kansas notary bond needs.
What Are They?
Kansas notary bonds are an essential safeguard against fraud. The types of documents that require notarization usually attest to the truth of a matter, transfer property, give a person control of assets, or provide the authority to make important decisions. Forged signatures on such documents can easily result in significant financial harm to innocent parties.
A person commissioned by the state of Kansas as a notary public is responsible for verifying the identity of each signer and witnessing the signing. The notary’s seal on a signed document attests to the validity of the signature.
A Kansas notary bond is a notary public’s pledge to perform these notarial duties in full compliance with Kansas statutes and the ethical standards of the profession. Any violation of the surety bond agreement that causes a financial loss can result in the injured party filing a claim for compensation against the bond.
Who Needs Them?
If you are applying to the Kansas Secretary of State for a notary public commission, you will need to purchase a $7,500 Kansas notary bond with the same four-year term as the commission. Most notaries will also purchase errors and omissions insurance for their own financial protection.
Speak with a Surety Bond Professionals agent today to discuss your bonding needs.
How Do They Work?
There are three parties to the surety bond agreement for a Kansas notary bond:
- The Kansas Secretary of State is the “obligee” requiring the bond.
- The notary seeking a commission is the “principal” purchasing the bond.
- The bonding company underwriting and approving the bond is the “surety.”
When an injured party suffers financial harm resulting from the principal’s unlawful, unethical, or negligent actions, they can file a claim against the bond. The surety will then conduct an investigation to determine the claim’s validity.
The terms of the surety bond agreement legally obligate the principal to pay all valid claims. But in practice, the surety typically makes the payment to the claimant, which creates a debt that the principal must repay to the surety.
What Do They Cost?
Kansas notary bonds are not subject to underwriting. Instead, they are sold for a set premium that can be as little as $50.
Get a Quote
Our surety bond professionals will get you the Kansas notary bond you need at a competitive rate.