AffectsAmends Sections 12-55-102, 12-55-102.5, 12-55-104, 12-55-107, 12-55-108, 12-55-109, 12-55-111, 12-55-112, 12-55-114, 24-21-104, and 42-1-211 of the Colorado Revised Statutes.
AnalysisHouse Bill 1274 institutes a number of important changes to Colorado’s Notary statutes. First, it allows the Secretary of State to require Notary commission applications to be submitted electronically. Second, it revises the rules related to the Notary’s official seal. The seal may no longer be a seal embosser, but must be a rectangular rubber stamp. Furthermore, the elements within the seal have been expanded. The seal must now include the legal name of the Notary, the Notary’s identification number and commission expiration date in addition to the words, “State of Colorado” and “Notary Public.” Third, the statutory list of journal entries is no longer permissive. The specified entries are required for Notaries who must keep journals. (Note: under Colorado law, a Notary must keep a journal unless the Notary’s employer retains a copy of the notarized document as a record of the notarial act.) The new law allows current Notaries to continue to use their current official seals until their commissions are renewed, at which time the seal must conform to the new requirements. The new law also contains a curative provision stating that the failure of a Notary to use a seal that conforms to the new requirements will not render a real estate document invalid or ineffective, nor impair the marketability of a real property title. Fourth, the new law clarifies the disciplinary actions the Secretary may take against Notaries. Fifth, in addition to reporting a change of name, the new law requires Notaries to notify the Secretary whenever their business or residence address changes within 30 days of the change. Sixth, the bill defines the term “facsimile” which applies to the rules for certifying true copies of original documents. The bill makes other technical changes as well and provides for the collection and disbursement of funds by the Secretary of State.
Read House Bill 12-1274.