A new law took effect in NY on Jan 25, requiring notaries to keep a journal with all major details for every single notary they preform. The records must be kept for 10!!! Years.
The maximum fee for a standard notary did not increase and stands at $2.00 (which I believe didn’t change for at least 20 years, similar to the .05 bottle deposit that also wasn’t impacted by inflation…) so for $2 you’re supposed to keep a record for 10 years…
I am a notary public as I needed it for the business, lots of people in my community, Shull, or just family & friends turn to me for notary service which I used to gladly do as a Chesed (I only took $ from people that voluntarily gave me, and I definitely enjoyed the pocket cash). This journal requirement will cause me to stop, as it’s way too much of a hassle L to be busy with journal.
Anyone else impacted? Any thoughts?