Notary Fees are Decreased in Mississippi
In a defeat to static notaries, Mississippi has passed a bill to lower notary fees in Mississippi.
The changes essentially make the maximum amount that can be charged for a signing to five dollars. That is five dollars a signature for documents notarized.
This may be a blow to storefront notaries, as the benefit of offering notarizations may have decreased as a different loss leader may offer more value.
A Move Towards Electronic and Mobile Signings
The interesting part of the bill eliminates the fee cap for both mobile and electronic signings.
Additional fees may be charged with services that go beyond the normal notarial act. This includes things like travel and digital fees like web streaming or video and doc storage. The only caveat is those fees must be agreed upon in advance.
The lowering of static fees, in conjunction with higher fees allowed for electronic and mobile signings, seems to pave the way for more remote signings in the state.
Here is the full text of the updated notary law.
This is a reminder we are not lawyers. We are not giving legal advice.
Attribution: We would like to thank By Rocky Vaughn, Sue Anna Joe, Dominique Pugh, Clay Moss, Kara Giles, and the Mississippi Department of Archives and History for the illustration of the Mississippi State Flag.
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