Wisconsin has become the latest state to pass remote online notarization (RON) legislation, bringing the total number of RON-approved states to 23. The Wisconsin Senate approved Assembly Bill 293, making it the first state to pass a RON bill in 2020. Governor Tony Evers signed the bill on March 2, and it will go into effect on June 1, 2020. This legislation will impact approximately 82,000 notaries in Wisconsin.
The Wisconsin RON bill draws inspiration from the MBA/ALTA model legislation, which has become a national framework for online notarization adoption. This model legislation provides a consistent and uniform framework for lawmakers to draft RON legislation based on a common set of core principles.
Under the new law, notaries public in Wisconsin will need to obtain an additional commission from the state's Department of Financial Institutions (DFI) to serve as an online notary, with the commission lasting for four years. Businesses intending to work with Wisconsin notaries as online notarization system providers will also be required to register with the DFI.
The DFI will be responsible for finalizing rules related to RON, including aspects such as fees and security standards. Notaries and businesses involved in online notarizations in Wisconsin are encouraged to check the DFI website regularly for the latest information on RON regulations in the state.