Prepare for the North Carolina Notary Exam with flashcards and multiple-choice questions. Every question is explained with hints to help you succeed. Start your journey to becoming a certified Notary Public in North Carolina!

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What is true regarding notarizing documents in which the notary has a financial interest?

  1. The notary may notarize as usual

  2. The notary cannot notarize those documents

  3. The notarization is valid only with disclosure

  4. The notary must seek approval first

The correct answer is: The notary cannot notarize those documents

In North Carolina, a notary public is prohibited from notarizing any documents in which they have a direct or indirect financial interest. This rule is in place to maintain the integrity and impartiality of the notarial act, ensuring that the notary does not benefit personally from the notarization. Notarizing documents in which the notary has a financial interest could create a conflict of interest and potentially undermine the reliability of the notarization process. Therefore, the notary must refrain from acting on such documents to uphold ethical standards and avoid any appearance of impropriety. As a result, the choice regarding the notary not being able to notarize those documents is consistent with the legal and ethical guidelines governing notaries in North Carolina.