SummarySenate Bill 932 enacts tougher seal purchasing and manufacturing rules, reaffirms that Notaries may use electronic signatures to perform a notarial act as allowed under the Uniform Electronic Transactions Act, and requires the Secretary of State to adopt rules to address Notaries’ use of electronic signatures.
AnalysisSenate Bill 932 addresses growing real property-related frauds involving Notaries and Notary seals. The central thrust of the bill is to require manufacturers of Notary seals to register with the Secretary of State and notify and have approved by the Secretary, each seal the manufacturer sells to a Notary. They must keep a copy of the commission of each Notary to whom it sells a seal. Violations of the new requirements will incur a $1,000 penalty for each violation.
The bill also requires Notaries to notify the Secretary of State in writing if a seal is lost, misplaced, destroyed, broken, damaged or otherwise rendered unusable. It also requires Notaries to return their seals to the Secretary when submitting a letter of resignation or when they amend their commissions (for example, by changing their name).
Behind the heightened seal provisions is a requirement for the Secretary of State to create and maintain a publicly-accessible database on all Missouri Notaries and to post to the database when a Notary’s seal or commission becomes invalid.
Senate Bill 932 also reaffirms the Uniform Electronic Transactions Act provision on notarization, authorizing Notaries to use electronic signatures to perform notarial acts. The bill also requires the Secretary of State to publish rules to implement the electronic signature provision of the bill.
Read Senate Bill 932.