Gov. Andrew Cuomo has again extended the temporary use of remote electronic notarization in New York state — this time until March 28, 2021.
Credit unions across the state have been utilizing remote electronic notarization services as a result of a March 2020 executive order and subsequent extensions that temporarily authorized this technology.
Concurrently, New York state’s electronic remote notarization bill (SO1780) (AOO399) advanced to the Senate in early March. The bill would provide for electronic notarization and authorize the use of video and audio conference technology in identifying individuals for electronic notarization.
The Association, which has previously called executive orders authorizing the continued temporary use of remote notarization “a good first step,” urges passing of legislation to create a permanent system of remote electronic notarization as part of a broader effort to implement a fully digital mortgage lending process.
According to the Association’s 2021 legislative priorities, the pandemic “has demonstrated why remote notarization is essential. The technology provides a safe way of conducting a wide variety of essential legal services ranging from closing on a house to notarizing a will.”
The bill’s movement comes at a time when remote notarization is getting serious consideration. In addition to the Senate bill, Gov. Andrew Cuomo has proposed remote notarization legislation in the state budget, a proposal which the Association has written in support of.
Association leadership continues to monitor the status of this bill and will provide additional information as it becomes available.