What to do when payers are used outside of the state? - ANSWER An authentication is
usaually required, merely a declaration by the clerk of common pleas
... [Show More] court that a notary
is properly commissioned under law at the time of notarizing the instrument.
What to do if name is changed? - ANSWER If by marriage or by other choice a notary
may change his or her name, he may use the new name, but must indicate the name in
which the commission was issued in parenthesis after it.
How should John T. Doe sign his name? - ANSWER John T. Doe
If married with new name to John Doe, how should Mary Roe write her name. -
ANSWER Mary Doe (Roe).
Protest - ANSWER A protest is a solemn declaration under the hand and seal of a
notary public stating that he at a certain time, presented the bill or note for payment or
acceptance, that it was refused and that its purpose is merely to furnish formal evidence
of the dishonorof a bill or note by showing that all the necessary requisites have been
complied with to hold the drawers and indorsers liable on the instrument.
Protest steps - ANSWER 1. The holder, or authorizedby him, presents the instrument for
acceptancef payment and is refused.
2. He gives the unstrument to the notary, who again formally makes ddemand for its
payment or acceptance.
3. If payement or acceptance is again refused, the notary gives notice of the dishonor to
the drawer and indorser immediatley.
4. Ans fills out the formal certificate of protest (a form which may be at any legal
stationers)and attaches bill or note to it.
Maker - ANSWER The signer of the note
Payee - ANSWER The person whom it is payable
Indorser - ANSWER If john black assigns his interest in the note he signs the back.
Indorsee - ANSWER The person to whom he assigns it.
Dishonored - ANSWER Under ohio law when the holder of a bill of exchange or note
presents it properly to the maker, drawer, or acceptor on the dayit falls due, and
payment is refused, the instrument is said to b [Show Less]