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Miscellaneous Commercial

Surety bond or its functional equivalent

Any individual applying for a commission as a notary public in New Mexico. Required when: Applying for a new or renewal notary public commission.

Overview

What it is.

Any individual applying for a commission as a notary public in New Mexico. Required when: Applying for a new or renewal notary public commission.

Who usually needs it

Any individual applying for a commission as a notary public in New Mexico.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…

Typical timeframe

Credit-based approval — varies by bond type

Application

What to do next.

  1. Tell us the bond name, state, and amount on your form.
  2. Share business and applicant info so the team can quote it.
  3. Sign and pay; we issue the bond and send you the documents.
  4. Keep your effective date and renewal date on file with us.
Start the application.

You are on the exact bond page. The next step is to start the quick application.

Details

Bond details.

StateNM
Bond amount$10,000
Term length4 years
ObligeeNew Mexico Secretary of State
RenewalNotaries must obtain a new $10,000 surety bond and submit it along with a renewal application and notarized oath of office every four years.
Bond classMiscellaneous Commercial
CategoryNotary
BondSurety bond or its functional equivalent
Statutory referenceNMSA 1978, Section 14-14A-20
JurisdictionState
More bonds
Next step

Ready to move forward?

Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.