Missouri Laws 486.615 – Commission effective, when, bond amount — surety duties — suspension of ..
1. A notary commission shall not become effective until an oath of office and a ten thousand dollar bond have been presented to the county clerk of the county in which a person has been commissioned. The bond shall be executed by a licensed Missouri surety, for a term of four years commencing on the commission’s issue date and terminating on its expiration date, with payment of bond funds to any person conditioned upon the notary’s official misconduct.
2. The surety for a notary bond shall report all claims against the bond to the secretary.
Terms Used In Missouri Laws 486.615
- Commission: both the granting of authority to perform notarial acts and the written evidence of the granting of authority to perform such acts. See Missouri Laws 486.600
- County: any of the several counties of this state or the City of St. See Missouri Laws 486.600
- notary: any person commissioned to perform notarial acts pursuant to this chapter. See Missouri Laws 486.600
- person: may extend and be applied to bodies politic and corporate, and to partnerships and other unincorporated associations. See Missouri Laws 1.020
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Secretary: the secretary of state for the state of Missouri. See Missouri Laws 486.600
3. If a notary bond has been exhausted by claims paid out by the surety, the secretary shall suspend the notary’s commission until:
(1) A new bond is obtained by the notary; and
(2) The notary’s fitness to serve the remainder of the commission term is determined by the secretary.