Last Action | 02/15/19: to Judiciary (S) |
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Title | AN ACT relating to official documents and making an appropriation therefor. |
Bill Documents | Introduced |
Fiscal Impact Statement | Local Mandate |
Bill Request Number | 1514 |
Sponsor | S. West |
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 January 1, 2020; allow a notarial officer to perform a notarial act in Kentucky; outline requirements for certain notarial acts; require a personal 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; 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 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; 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 382.230 to remove reference to KRS 382.140; create a new section of KRS Chapter 382 to provide for the order of priority between physical and electronic documents presented to the county clerk; amend KRS 382.200 and 382.280 to make technical corrections; amend KRS 64.012 to update fees of county clerks for recording documents; amend KRS 382.240 to allow a reimbursement to county clerks for prepayment of postage; amend KRS 382.360 to no longer require the county clerk to deliver the original deed of release; create a task force on issues regarding the implementation of this Act; repeal KRS 382.140, 382.190, 423.010, 423.020, 423.030, 423.040, 423.050, 423.060, 423.070, 423.080, and 423.990; EFFECTIVE January 1, 2020; APPROPRIATION. |
Index Headings of Original Version |
County Clerks - Fees, update, recording official documents Deeds and Conveyances - Real property interest, allow electronic signatures Effective Dates, Delayed - Law on Notarial Acts, January 1, 2020 Fees - County clerks, update, recording official documents Negotiable Instruments - Creation or transfer, allow electronic signature Notaries - Commissioning, require compliance, notaries public Secretary of State - Notaries public, commissioning of Administrative Regulations and Proceedings - Notaries public, registration, promulgation regarding Appropriations - Affordable housing trust fund, fee for recording real estate mortgage Local Mandate - Notaries public, registration, promulgation regarding |
02/13/19 |
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02/15/19 |
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Last updated: 11/9/2023 3:07 PM (EST)