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What does section 10 of the application mean? What is a bond?

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What does section 10 of the application mean? What is a bond?

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. A bond is an insurance policy that can be purchased at most major insurance companies. This purchase would negate the need for section 13 being completed. Q. How do I renew my notary appointment? A. There is no automatic reappointment in Indiana . A notary public must apply for appointment and follow the same procedures required for a new appointment. Application should be made sufficiently prior to expiration to ensure uninterrupted authority. http://www.in.gov/icpr/webfile/formsdiv/40889.pdf Q. What is a Freehold in section 13 and do I have to complete this section? A. A Freehold is when a person other than the applicant puts forth the $5000 Bond in the form of real property they own. If you purchase a bond from an insurance company than you do not have to complete section 13. IC 33-42-2-1 Q. What is an Indiana notary public? A. A Indiana notary public is a person appointed by the Indiana Secretary of State to acknowledge and witness the signing of documents, and administer oaths a

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