It must be filed with the lessor under seal, state the date of opening, the lessee's name, and a list of contents, and a copy must be mailed to the lessee within 10 days.
It is optional so long as the bank keeps an internal inventory.
It must be filed only with the Secretary of State.
It need identify the date of opening but not the contents.
Official source: Notary Public License Law (March 2026)
Reference: Banking Law procedure; Banking Law §335
Source checked September 7, 2026
Correct Answer
A. It must be filed with the lessor under seal, state the date of opening, the lessee's name, and a list of contents, and a copy must be mailed to the lessee within 10 days.
Detailed Explanation
The notary's certificate is central to the Banking Law procedure. Banking Law §335 requires the notary to file with the lessor a certificate under seal stating the date of opening, the lessee's name, and the contents, and a copy must be mailed to the lessee within 10 days. Unlike ordinary acknowledgments, this is a special inventory-and-certification function triggered by unpaid rental or lease termination.
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