When taking an acknowledgment of a signature for a Payment and Performance Bond, do I need to take a signer’s thumbprint for my journal entry? — A.N., California
No, the signer’s thumbprint will not be necessary in this case, as a Payment and Performance Bond is neither a power of attorney nor a document that affects real property.
Hotline answers are based on the laws in the state where the question originated and may not reflect the laws of other states. If in doubt, always refer to your own state statutes. – The Editors
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