BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 434
                                                                  Page  1


          ASSEMBLY THIRD READING
          AB 434 (Silva)
          As Amended April 9, 2007
          Majority vote 

           BUSINESS & PROFESSIONS          10-0                            
           
           ----------------------------------------------------------------- 
          |Ayes:|Eng, Emmerson, Bass,      |     |                          |
          |     |Carter, Hayashi,          |     |                          |
          |     |Hernandez, Horton, Maze,  |     |                          |
          |     |Price, Torrico            |     |                          |
          |     |                          |     |                          |
           ----------------------------------------------------------------- 
           SUMMARY  :  Requires a notary public to supply a member of the  
          public with a photostatic copy of any line item contained in his  
          or her journal within 15 business days of receiving the request  
          or acknowledge that the requested line item does not exist.

           EXISTING LAW  requires a notary public to keep an active journal  
          of all official acts he or she performs and to include in this  
          journal, among other things, information regarding every  
          instrument acknowledged or proved before the notary.  A notary  
          must supply a photostatic copy of any line item contained in his  
          or her journal upon written request of any member of the public.

           FISCAL EFFECT  :  Unknown.  This bill is keyed non-fiscal.

           COMMENTS  :  According to the sponsor, the California Bar  
          Association, Conference of Delegates (Association), absent a  
          disciplinary hearing, a notary currently has little if any  
          incentive to provide information that he or she is obligated to  
          provide to a member of the public within a reasonable time  
          frame.  The Association argues that a 15-day time period  
          provides a notary with adequate time to respond to someone who  
          is attempting to verify the authenticity of a signature  
          notarized by the notary and that this bill "adds no substantial  
          burden on the duties of the notary public and provides a  
          guideline and expectation for response to the requesting party."

          The California Escrow Association (CEA) expressed concern that a  
          15-day time period was not sufficient time for a notary to  
          respond to a request for a copy of a signature in a notary's  
          journal because "requests may relate to very old documents?. if  








                                                                  AB 434
                                                                  Page  2


          the notary journal relates to documents executed decades ago, a  
          search through archives may well be necessary."  In response,  
          the author amended this bill to make the time period 15 business  
          days (as opposed to calendar days).
           

          Analysis Prepared by  :    Pablo Garza / B. & P. / (916) 319-3301 


                                                                FN: 0000162