SummaryColorado enacts the Revised Uniform Law on Notarial Acts (RULONA), effective on July 1, 2018 (see CO Senate Bill 17-294, which extends the effective date).
AnalysisColorado enacts the Revised Uniform Law on Notarial Acts. The effective date of the RULONA was changed by the enactment of SB 294 from August 9, 2017, to July 1, 2018. This gives everyone more time to prepare for the new law, including the Secretary of State, who may publish new rules to implement the Act. Like most RULONA enactments, Colorado tailored SB 17-132 to its own needs, pulling in existing statutes from the current Notary Public Act. These include the specific provisions related to the Notary's electronic signature containing a "document authentication number" (DAN), and the unique journal provision which allows a Notary-employee to retain the actual or a copy of the notarized document instead of keeping a journal entry, if the Notary's firm or business retains such records in the ordinary course of business. During the legislative period, SB 17-132 was amended in the Senate to include so-called "remote" electronic notarization provisions which would allow a Notary to perform a notarial act using audio-video communication technology. However, these provisions were controversial and were removed from the bill in an attempt to salvage the enactment of the broader RULONA provisions.
Read Senate Bill 17-132.