18RS Senate Bill 135

Senate Bill 135

Actions

Last Action	to State & Local Government (S)
Title	AN ACT relating to official documents.
Bill Documents	Introduced
Impact Statements	Local Mandate
Bill Request Number	1440
Sponsor	W. Schroder
Summary of Original Version	Create new sections of KRS Chapter 423 to define various terms; limit the applicability of the Act to notarial acts performed on or after August 1, 2019; allow a notarial officer to perform a notarial act in Kentucky; outline requirements for certain notarial acts; require a personal or online appearance before a notarial officer; specify the requirements of identifying an individual before a notarial officer; allow a notarial officer to refuse to perform a notarial act; state who may perform a notarial act in Kentucky; recognize notarial acts performed in other states; recognize notarial acts performed in federally recognized Indian tribes under federal law, and in foreign countries; allow a notary public to perform a notarial act by means of communication technology; require a notarial act to be evidenced by a certificate; provide short form certificates for use by notarial officers; outline the requirements for an official stamp of a notary public; assign responsibility of the notary public's stamping device to the notary public; require a notary public to maintain a journal chronicling all notarial acts performed by that notary public; require a notary public to register with the Secretary of State that the notary public will be performing notarial acts with respect to electronic records; outline the necessary requirements to be a notary public; outline grounds for suspending, denying, or revoking a commission as a notary public; require the Secretary of State to maintain an electronic database of notaries public; detail prohibited acts; establish the validity of notarial acts; allow the Secretary of State to promulgate administrative regulations to implement this Act; require all commissions occurring after the effective date of this Act to comply with this Act; state that a portion of this Act may be cited as the Uniform Real Property Electronic Recording Act; create a new section of KRS Chapter 382 to state that a paper copy of an electronic record shall satisfy a law requiring a tangible document; create a new section of KRS Chapter 64 to create the Kentucky Notarization and Recording Standards Commission; amend KRS 423.200 to make technical corrections; amend KRS 369.103 to allow electronic signatures on transactions relating to the conveyance of interests in real property and the creation or transfer of negotiable instruments; amend KRS 62.065 to allow a surety to cover more than one required bond; repeal KRS 423.010, 423.020, 423.030, 423.040, 423.050, 423.060, 423.070, 423.080, and 423.990; EFFECTIVE August 1, 2019.
Index Headings of Original Version	Administrative Regulations and Proceedings - Notaries public, registration, promulgation regarding Deeds and Conveyances - Real property interest, allow electronic signatures Effective Dates, Delayed - Law on Notarial Acts, August 1, 2019 Negotiable Instruments - Creation or transfer, allow electronic signature Notaries - Commissioning, require compliance, notaries public Secretary of State - Notaries public, commissioning of Local Mandate - Notaries public, commissioning of

02/07/18	introduced in Senate
02/08/18	to State & Local Government (S)