The notary bond's core purpose is to assure compensation to the:

• A. Notary
• B. The public
• C. Insurance company
• D. Bank

Answer: (B)

Notary bonds exist to protect the public by providing a financial remedy when a notary’s improper acts cause someone to suffer a monetary loss. If a notary engages in dishonest or negligent conduct—such as misrepresenting a signature or failing to follow proper notarial procedures—a claimant can recover damages from the bond up to its limit. This guarantees that there is money available to compensate those harmed, which is why the bond’s purpose is to assure compensation to the public. The bond is not intended to compensate the notary, nor is it specifically for an insurance company or a bank. It’s a third‑party guarantee backed by a surety to cover legitimate losses to the public.