ALTA Encourages Secretaries of State to Support SECURE Notarization Act
ALTA and the Mortgage Bankers Association (MBA) encouraged the National Association of Secretaries of State (NASS) to support the bipartisan Securing and Enabling Commerce Using Remote and Electronic Notarization Act (SECURE Notarization Act). The SECURE Notarization Act has been reintroduced in the House and Senate. In a joint letter, ALTA and the MBA outlined several reasons why NASS should support the bill and addressed some frequently asked questions.
NASS has provided leadership regarding the regulation and use of remote notarizations. Secretaries of State have a vital role in ensuring modernization of the notarial process results in practices that are safe for consumers and guard against fraud.
The SECURE Notarization Act was drafted to function in harmony with the Uniform Law Commission’s Revised Uniform Law on Notarial Acts (RULONA 2018). The SECURE Notarization Act complements RULONA 2018 in much the same way the Electronic Signatures in Global and National Commerce (ESIGN) Act operates in tandem with the Uniform Electronic Transaction Act (UETA) to create legal certainty and a common framework around the use of electronic signatures.