New York has enacted the permanent use of remote electronic notarizations in the state.
The legislation, introduced by State Sen. James Skoufis and Assemblywoman Nily Rozic in January, was signed into law on Wednesday by New York Gov. Kathleen Hochul. The new law builds upon an executive order issued by former Gov. Andrew Cuomo, allowing notarial acts to be handled digitally under certain conditions.
“Reforming the antiquated process of notarization isn’t just a matter of efficiency, it’s about offering equitable access to this necessary service for those who are homebound or otherwise unable to engage a notary,” Skoufis said in a press release.
Trade organizations such as the New York Credit Union Association, whose member institutions collectively hold more than $100 billion of assets and have over 6 million members, have been campaigning for extended access to notary services. In the states that already allow electronic notarizations, banks such as BMO Harris were quick to provide the option.
“This law is certainly a victory for credit unions, but it’s also a victory for the disabled, elderly, those in rural communities and others who may find it difficult to obtain the services of a notary in person,” William J. Mellin, president and CEO of the credit union association, said in the press release.