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Where are the fees collected by a notary public deposited?

  1. A local bank account

  2. The Notary Public Revolving Fund

  3. The state treasury

  4. Personal accounts of the notary

The correct answer is: The Notary Public Revolving Fund

The fees collected by a notary public are deposited into the Notary Public Revolving Fund. This fund is specifically designated for the expenses related to notarial services and activities within the state. By directing the fees into a dedicated fund, it ensures transparency and accountability in how these funds are utilized, often covering the costs of administering notary programs, training, and other related resources. Depositing fees into a personal account or a local bank account may present conflicts of interest or lack the necessary oversight. Similarly, depositing fees into the state treasury does not specifically allocate these funds for notarial activities, which is why the revolving fund is the appropriate and established practice for handling such fees.