Limitations and Liabilities of the Official Bond
Your liability as a notary is limited to the failure to perform notarial acts properly. If you neglect or fail to conduct your notarial acts properly or you breach any of the conditions of the official bond, you and the surety will be held liable to the injured party for all damages sustained. The injured party has the right to call legal action against the bond and prosecute to the fullest extent of the law. If used, a bond will cover up to the sum of $1,000 and you, the notary, must repay the bond to the surety. Your bond is different from insurance in that it must be repaid to the surety by the notary.