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Administrative Procedures

A notary public wishes to use a personal cash deposit of $15,000 in lieu of an official surety bond. Is this legally permissible in California?

A

Yes, provided the funds are held in an escrow account.

B

No, a cash deposit must be at least $30,000 to cover potential legal fees.

C

Yes, as long as the cash is deposited directly with the county clerk.

D

No, the law strictly prohibits a deposit in lieu of a bond.

✓

Correct Answer

D. No, the law strictly prohibits a deposit in lieu of a bond.

AI Explanation

Bond requirements. According to Gov. Code section 8212, every person appointed a notary public shall execute an official bond in the sum of fifteen thousand dollars ($15,000). The bond shall be in the form of a bond executed by an admitted surety insurer and not a deposit in lieu of bond.

Administrative Procedures Question #100
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