What Is A Walnut Creek Notary Public?
A Walnut Creek notary public corporation is a corporation organized for the purpose of rendering notarization, oaths, affirmations, deeds, acknowledgments, and other obligations as a notary public. It is ruled by a board of directors elected each year from a qualifying majority of shareholders. This board meets at least one time each year, at which meeting notaries are generally present. All corporate documents and proceedings are filed under the laws of this state. Corporate seals must be obtained for all files and documents.
In Kentucky, a Walnut Creek notary public corporation is subject to state law. The laws of Kentucky concerning corporations vary with respect to whether the corporation must have a minimum capitalization of $100,000, or if it can be established without having to prove capital. To become a registered agent for the corporation, an adult person of eighteen years must be a resident of the county and must sign a bond of office. In addition, all notary fees collected must be paid back to the county auditor.
There are other states that do not have a notary public requirement, but may regulate the types of transactions not allowed including the amount of money an individual may require to become a notary public. In addition to Walnut Creek, there are many other public corporations in Kentucky which have notaries. These corporations are required to have notary publics, but are not governed by the same laws. Notary fees are generally much lower in these public corporations than in Walnut.
Some of these corporations require that a person be a resident of the county for which the notary is acting, while others only require that a person meet a minimum financial requirement. Walnut Creek requires that all notary publics have been licensed by the state in which the public corporation is located. Kentucky also has a minimum financial requirement for its notaries. However, some counties in Kentucky have no such requirement. In these cases, the county may select notaries on a competitive basis, subject to availability.
Many public corporations in Kentucky have their own rules regarding the qualifications for notary agents. Most require proof of education, completion of a notary bond, and completion of an approved education program. Certain public corporations also have their own rules concerning the application and acceptance of notary bonds. Walnut County is not one of these public corporations. Its notary bond requirements are quite different from other public corporations.
Walnut County contracts with an approved private notary agent. This agent is selected by the public, and the public pays for the services through the notary commission. The specific duties and responsibilities of a Walnut County public notary include: assisting parties in real estate closings and deeds, producing authentic or certified copies of documents, and presenting notary proof of education to the board of county treasurers and administrators. Notary fees are collected by the commission. Commission fees must be paid on or before the date of expiration of the term of the bond.
To be certified as a Walnut Creek notary public, a person needs to fulfill certain criteria related to education and experience. To qualify, the applicant must have a high school diploma or GED (General Equivalency Diploma) and must have at least two years of experience as a notary agent. To become a private notary, the applicant must pass an examination given by the state board of appraisal. Applicants can also attend the private notary training seminars offered by several financial institutions.
Walnut County does not keep a database of its notary publics. Instead, it relies upon the information that it has in its database. For instance, if there is a complaint against a notary public, the county will track the complaint and bring the complaint to the attention of the notary public. Upon receipt of the complaint, the public will be able to refer the case to the county auditor for investigation. The auditor will conduct his own investigation to determine whether the complaint has merit and if the notary was honest in his transaction with the client.
