Description

Utah Notary Bond

This $50 UT notary surety bond complies with the Utah state law requiring notary applicants to file $5,000 Utah notary bond. The Utah notary bond protects the people of Utah from financial harm resulting from any mistakes the notary might make. In order to protect the notary’s personal financial assets, we highly recommend purchasing Errors & Omissions Insurance (E&O). Without an E&O policy, the notary will be responsible for reimbursing any bond claims, and for the cost of potential legal defense fees.

 

 

UTAH NOTARY PUBLIC BOND

Bond No. _______________
Subscribed and sworn to before me this Preview
KNOW ALL MEN BY THESE PRESENTS:
THAT WE ___________________________________________________________________, as Principal, and
_____________________________________________________________, a corporation duly incorporated under
the laws of the State of Connecticut and authorized to do business in the State of Utah, as Surety, are held and
firmly bound unto the State of Utah, as Obligee, in the penal sum of Five Thousand Dollars ($5,000.00), for the
payment of which we hereby bind ourselves, our heirs, executors and administrators, jointly and severally, firmly by
these presents.

Whereas, the Principal has obtained, or has applied for, a commission as a notary in the State of Utah under UT ST
§ 46-1-3 for the commission term beginning __________________ and ending _____________; and
Whereas, the Principal is posting this bond in satisfaction of the bond requirements in UT ST § 46-1-4(1)(a).
Now, therefore, the conditions of this obligation are such, that if the Principal shall, during the above commission
term, faithfully perform the Principal’s duties while acting in the scope of the Principal’s commission as a notary in
accordance with Utah law, then this obligation shall be void; otherwise to remain in full force and effect.

Provided, however, regardless of the number of years this bond remains in force, the aggregate liability of the
Surety hereunder shall not exceed the sum of Five Thousand Dollars ($5,000.00).

SIGNED, SEALED AND DATED this __________________________.

_________________________________________

By: _________________________________________
Attorney-in-fact

Oath of Office
I do solemnly swear (or affirm) that I will support, obey, and defend the Constitution of the United States and the
Constitution of the State of Utah, and that I will discharge the duties of my office with fidelity.

_________________________________________
Principal
State of )
§
County of )

day of , , by .
Witness my hand and official seal.

________________________________
Notary Public Signature (Seal)

S-6387 (4/20)
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Travelers Casualty and Surety Company of America

One Tower Square, Hartford, Connecticut 06183

NOTARY PUBLIC ERRORS AND OMISSIONS POLICY
Policy No ____________
Term Premium: ____________
Preview
Policy Effective Date ____________

TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA (the “Company”) will pay on behalf of
______________________________________________ of ________________________________________________________
(the “Insured”), all sums which the Insured shall become obligated to pay by reason of liability for breach of duty while acting as a duly
commissioned and sworn Notary Public, claim for which is made against the Insured by reason of any negligent act, error or omission, committed or
alleged to have been committed by the Insured, arising out of the performance of notarial service for others in the Insured’s capacity as a duly
commissioned and sworn Notary Public.

POLICY PERIOD: This policy applies only to negligent acts, errors or omissions which occur during the Policy Period and then only if
claim, suit or other action arising therefrom is commenced within the applicable Statute of Limitations pertaining to the Insured. The Policy Period
commences on the Effective Date hereof and terminates upon the expiration of the Insured’s commission as a Notary Public unless cancelled earlier
as provided in this policy. This policy is not valid for more than one commission term.

LIMIT OF LIABILITY: The liability of the Company shall not exceed in the aggregate for all claims under this insurance the amount of:
_________________________________________________________________________________________ DOLLARS (________________).
In addition to the limit of liability and in accordance with the other provisions of this policy, the Company will pay costs and expenses paid and
incurred in investigating, contesting or settling liability in an amount not to exceed, in the aggregate, one-half of the limit of this policy.

INSURED’S DUTIES IN THE EVENT OF OCCURRENCE, CLAIM OR SUIT:
(a) Upon knowledge of any occurrence which may reasonably be expected to result in a claim or suit, written notice containing
particulars sufficient to identify the Insured and also reasonably obtainable information with respect to the time, place and circumstances thereof, and
the names and addresses of the potential claimant and of available witnesses, shall be given by or for the Insured to the Company or any of its
authorized agents as soon as practicable, but in no event longer than forty-five (45) days after discovery.
(b) If claim is made or suit is brought against the Insured, the Insured shall immediately forward to the Company every demand,
notice, summons or other process received by him or his representative.
(c) The Insured shall cooperate with the Company and, upon the Company’s request, assist in making settlements, in the conduct of
suits and the Insured shall attend hearings and trials and assist in securing and giving evidence and obtaining the attendance of witnesses. The
Insured shall not, except at his own cost, voluntarily make any payment, assume any obligation or incur any expense except with the prior written
consent of the Company.

EXCLUSIONS: Coverage under this policy does not apply to any dishonest, fraudulent, criminal or malicious act or omission of the
Insured.

OTHER INSURANCE: If the Insured has other insurance against a loss covered by this policy, the Company shall not be liable under this
policy for a greater proportion of such loss, cost and expenses than the limit of liability stated in this policy bears to the total limit of liability of all
valid and collectible insurance against such loss.

CANCELLATION: The insured may cancel this policy at any time by mailing or delivering to us advance written notice of cancellation.
The company may cancel this policy by mailing or delivering to the insured written notice of cancellation at least 10 days before the effective date of
cancellation if we cancel for nonpayment of premium or 30 days before the effective date of cancellation if we cancel for any other reason. If we
cancel, the premium refund will be pro rata and if the insured cancels, the refund may be less than pro rata. The cancellation will be effective even if
we have not made or offered a refund.

IN WITNESS WHEREOF, the Company has caused this Policy to be signed by its authorized Company officers at Hartford, CT.

____________________________________________ ___________________________________________
President Corporate Secretary

EO1001 (03-04)
—————————————————–

ISSUED BY: POLICY/BOND NO:
ISSUED TO:

THIS ENDORSEMENT CHANGES THE POLICY OR BOND. PLEASE READ IT CAREFULLY.

CANCELLATION/NONRENEWAL UTAH FULL CANCELLATION – INSURER

4. Proof of mailing is sufficient proof of notice. Preview
It is agreed that:

1. The policy or bond provisions regarding cancellation by the Company are deleted and replaced with the following:
A. CANCELLATION OF POLICIES IN EFFECT FOR LESS THAN 60 DAYS
(a) If this Policy or Bond has been in effect for less than 60 days and is not a renewal of a policy or bond we
issued, we may cancel this Policy or Bond for any reason by mailing or delivering to the entity named in Item
1 of the Declarations written notice of cancellation at least 10 days before the effective date of cancellation.
B. CANCELLATION OF POLICIES IN EFFECT FOR 60 DAYS OR MORE
If this Policy or Bond has been in effect for 60 days or more, or is a renewal of a Policy or Bond we issued, we
may cancel only for one or more of the following reasons:
(a) Nonpayment of premium;
(b) Material misrepresentation;
(c) Substantial change in the risk that could not have reasonably been foreseen by the underwriter when entering
into the contract;
(d) Substantial breaches of contractual duties, conditions, or warranties;
(e) attainment of age specified as the terminal age for coverage.
We will mail or deliver written notice of cancellation under this item B. to the entity named in Item 1 of the
Declarations at least:
(1) 10 days before the effective date of cancellation if we cancel for nonpayment of premium; written notice of
cancellation will state the reason for cancellation and will also be delivered or sent by first class mail to:
(a) the agent of record, with such notice being delivered or sent to the agent on or before the day on which
notice is provided to the entity named in Item 1 of the Declarations;
(b) each assignee of the entity named in Item 1 of the Declarations, if the assignee is named in this Policy or
Bond; and
(c) if this Policy or Bond provides property insurance, each loss payee or mortgagee or lienholder named in
this Policy or Bond.
(2) 30 days before the effective date of cancellation if we cancel for any other reason listed above.

2. The following is added and supersedes any other provision to the contrary:
NONRENEWAL
If we decide not to renew this Policy or Bond, we will mail or deliver written notice of nonrenewal to the entity named
in Item 1 of the Declarations, at least 30 days before its expiration date, or its anniversary date if it is a Policy or Bond
written for a term of more than one year or with no fixed expiration date.
3. Cancellation or nonrenewal notice must be sent by first class mail or delivered to the entity named in Item 1 of the
Declarations at their last known address. Receipt of notice is presumed to be three days after mailing.

Nothing herein contained shall be held to vary, alter, waive, or extend any of the terms, conditions, provisions,
agreements or limitations of the above mentioned Policy or Bond, other than as above stated.

ILT-5090 Rev. 07-21
2021 The Travelers Indemnity Company. All rights reserved. Page 1 of 1
—————————————————–

ISSUED BY: POLICY/BOND NO:
ISSUED TO:

THIS ENDORSEMENT CHANGES THE POLICY OR BOND. PLEASE READ IT CAREFULLY.

CANCELLATION/NONRENEWAL UTAH CANCELLATION FOR NONPAYMENT OF PREMIUM

Preview
It is agreed that:

1. The policy or bond provisions regarding cancellation by the Company are deleted and replaced with the following:
A. We may cancel this Policy or Bond for nonpayment of premium by mailing or delivering to the entity named in
Item 1 of the Declarations written notice of cancellation at least 10 days before the effective date of cancellation. If
this Policy or Bond has been in effect for 60 days or more or is a renewal, written notice of cancellation will also
be delivered or sent by first class mail to:

(a) the agent of record, with such notice being delivered or sent to the agent on or before the day on which notice
is provided to the entity named in Item 1 of the Declarations;
(b) each assignee of the entity named in Item 1 of the Declarations, if the assignee is named in this Policy or
Bond; and

(c) if this Policy or Bond provides property insurance, each loss payee or mortgagee or lienholder named in this
policy or bond.
2. The following is added and supersedes any other provision to the contrary:
NONRENEWAL

If we decide not to renew this Policy or Bond, we will mail or deliver written notice of nonrenewal to the entity named
in Item 1 of the Declarations, at least 30 days before its expiration date, or its anniversary date if it is a Policy or Bond
written for a term of more than one year or with no fixed expiration date.
3. Cancellation or nonrenewal notice must be sent by first class mail or delivered to the entity named in Item 1 of the
Declarations at their last known address. Receipt of notice is presumed to be three days after mailing.
4. Proof of mailing is sufficient proof of notice.

Nothing herein contained shall be held to vary, alter, waive, or extend any of the terms, conditions, provisions,
agreements or limitations of the above mentioned Policy or Bond, other than as above stated.

ILT-5091 Rev. 07-21
2021 The Travelers Indemnity Company. All rights reserved. Page 1 of 1