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How to Become a Notary Public in Michigan Meet all qualifications under Michigan state law. Get a $10,000 surety bond. Complete the Application for Notary Public Commission. Take your oath of office and file your bond. Submit your application and $10 processing fee online or by mail.
A Surety Bond is posted with a court by a bondsman assuring that if the defendant fails to appear, they will pay the full bail amount. If the defendant fails to appear, the bondsman is given a limited time to capture the defendant and return them to court. Typically, a bondsmans fee is 10% of the amount of the bond.
Surety Bond Cost Table Surety Bond AmountYearly Premium Excellent Credit (675 and above)Bad Credit (599 and below) $20,000 $200 - $600 $1,000 - $2,000 $25,000 $250 - $750 $1,250 - $2,500 $30,000 $300 - $900 $1,500 - $3,0007 more rows
The cost of a surety bond is calculated as a small percentage of the total bond coverage amount typically 0.510%. This means a $10,000 bond policy may cost between $50 and $1,000. For applicants with strong credit, most bond rates are 0.54% of the bond amount.
While the language varies depending on the type of notarization and the law of the state in which you are commissioned, the main body of a certificate will require you to note the date of the notarization, the name of the signer appearing before you, and your official name as the Notary.
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A surety bond is required to ensure notaries perform their duties ing to the law. Texas: Notaries in Texas must secure a $10,000 bond. This bond protects the public by providing a financial guarantee that the notary will perform all notarial acts in compliance with state laws.

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