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1 | + | SB289INTRODUCED | |
2 | 2 | Page 0 | |
3 | 3 | SB289 | |
4 | - | 67XEZZ3- | |
4 | + | 67XEZZ3-1 | |
5 | 5 | By Senators Coleman, Givhan | |
6 | 6 | RFD: Judiciary | |
7 | 7 | First Read: 04-Apr-24 | |
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12 | + | 5 67XEZZ3-1 04/02/2024 JC (L)tgw 2024-1120 | |
13 | 13 | Page 1 | |
14 | 14 | First Read: 04-Apr-24 | |
15 | - | Enrolled, An Act, | |
15 | + | SYNOPSIS: | |
16 | + | Existing law prohibits a notary public from | |
17 | + | acknowledging a document that is required for a | |
18 | + | transaction in which the notary has a financial | |
19 | + | interest. | |
20 | + | This bill would explicitly recognize that this | |
21 | + | prohibition does not apply to professionals such as | |
22 | + | attorneys, accountants, or real estate brokers, or | |
23 | + | their employees, who may lawfully notarize the | |
24 | + | documents that are a necessary part of the professional | |
25 | + | services for which they are paid. | |
26 | + | A BILL | |
27 | + | TO BE ENTITLED | |
28 | + | AN ACT | |
16 | 29 | Relating to state-at-large notaries public; to add | |
17 | 30 | Section 36-20-70.1 to the Code of Alabama 1975, to provide | |
18 | 31 | that both individuals who are licensed professionals and their | |
19 | 32 | employees who are commissioned as notaries public may lawfully | |
20 | 33 | perform notarial acts that are required in the practice of | |
21 | 34 | their profession. | |
22 | 35 | BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: | |
23 | 36 | Section 1. Section 36-20-70.1 is added to the Code of | |
24 | - | Alabama 1975, to read as follows: | |
25 | - | §36-20-70.1 | |
26 | - | (a) For purposes of this section, the term | |
27 | - | "professional service" means any service or occupation that | |
28 | - | may be lawfully performed only pursuant to a license issued by | |
29 | - | a state court, state regulatory licensing board, or other | |
30 | - | similar agency, and the term "professional" refers to an | |
31 | - | individual who holds the license. | |
32 | - | (b) Notwithstanding Section 36-20-70, Code of Alabama | |
33 | - | 1975: | |
34 | - | (1) A professional who is commissioned as a notary | |
35 | - | public, in the normal course of providing a professional | |
36 | - | service in exchange for a fee, commission, or other payment, | |
37 | - | may perform any acknowledgment or other notarial act that is | |
38 | - | required to provide the professional service; and | |
39 | - | (2) An individual who is employed by a professional and | |
40 | - | who is commissioned as a notary public may perform any | |
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68 | - | 28 SB289 | |
64 | + | 28 SB289 INTRODUCED | |
69 | 65 | Page 2 | |
66 | + | Section 1. Section 36-20-70.1 is added to the Code of | |
67 | + | Alabama 1975, to read as follows: | |
68 | + | §36-20-70.1 | |
69 | + | (a) For purposes of this section, the term | |
70 | + | "professional service" means any service or occupation that | |
71 | + | may be lawfully performed only pursuant to a license issued by | |
72 | + | a state court, state regulatory licensing board, or other | |
73 | + | similar agency, and the term "professional" refers to an | |
74 | + | individual who holds the license. | |
75 | + | (b) Notwithstanding Section 36-20-70, Code of Alabama | |
76 | + | 1975: | |
77 | + | (1) A professional who is commissioned as a notary | |
78 | + | public, in the normal course of providing a professional | |
79 | + | service in exchange for a fee, commission, or other payment, | |
80 | + | may perform any acknowledgment or other notarial act that is | |
81 | + | required to provide the professional service; and | |
82 | + | (2) An individual who is employed by a professional and | |
70 | 83 | who is commissioned as a notary public may perform any | |
71 | 84 | acknowledgment or other notarial act that is required in the | |
72 | 85 | normal course of providing a professional service for which | |
73 | 86 | the employing professional receives a fee, commission, or | |
74 | 87 | other payment. | |
75 | 88 | Section 2. This act shall become effective on October | |
76 | 89 | 1, 2024. | |
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78 | 91 | 30 | |
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81 | 94 | 33 | |
82 | - | 34 SB289 Enrolled | |
83 | - | Page 3 | |
84 | - | 1, 2024. | |
85 | - | ________________________________________________ | |
86 | - | President and Presiding Officer of the Senate | |
87 | - | ________________________________________________ | |
88 | - | Speaker of the House of Representatives | |
89 | - | SB289 | |
90 | - | Senate 23-Apr-24 | |
91 | - | I hereby certify that the within Act originated in and passed | |
92 | - | the Senate. | |
93 | - | Patrick Harris, | |
94 | - | Secretary. | |
95 | - | House of Representatives | |
96 | - | Passed: 02-May-24 | |
97 | - | By: Senator Coleman | |
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