Notary Public Bond in Alaska

What this bond requires in Alaska

Under AS 44.50.034(a), an applicant for a notary commission without limitation must execute and submit a $2,500 official bond with the application. The bond amount was raised from $1,000 to $2,500 effective January 1, 2021. Commissions are issued for a four-year term by the Lieutenant Governor. The bond protects the public against financial loss caused by notarial misconduct.

Who requires it

The notary public bond is required by the Office of the Lieutenant Governor, Notary Public Office under AS 44.50.034(a); AS 44.50 (Notaries Public).

How to file in Alaska

Complete the notary application available from the Lieutenant Governor Notary Office and obtain a $2,500 surety bond from an authorized surety company. Sign the oath of office in front of an Alaska notary, and submit the completed application, the original executed bond, and any required fee directly to the Notary Public Office for review. Once approved, the commission certificate is mailed and is effective for four years.

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FAQ

Common questions

Is a notary public bond required in Alaska?

Yes. Alaska requires notary public bonds issued by an admitted surety. The required amount is $2,500.

How much is the bond in Alaska?

The bond amount is $2,500. Your annual premium is a small percentage of that, based on credit and experience.

Who requires the bond?

The bond is required by the Office of the Lieutenant Governor, Notary Public Office.

How is the bond filed?

Complete the notary application available from the Lieutenant Governor Notary Office and obtain a $2,500 surety bond from an authorized surety company. Sign the oath of office in front of an Alaska notary, and submit the completed application, the original executed bond, and any required fee directly to the Notary Public Office for review. Once approved, the commission certificate is mailed and is effective for four years.

What does the bond cover?

Surety bonds protect the obligee, not the principal. If you fail to meet the obligation the bond guarantees, the surety pays the claim and recovers from you.

Is a surety bond the same as insurance?

No. Insurance protects you. A surety bond protects whoever required the bond. You repay the surety for any claim they pay.