Validity of Covernotes Issuance by Notary in Banking Credit Disbursement

The Notary's Covernote is a guarantee to act as a temporary holding for the bank to disburse credit while waiting for the relevant deeds to be processed by the Notary. A notary is a public official who in principle has the authority to make authentic deeds and other authorities as in the Notary Position Law or other laws. This research is aimed at analyzing the validity of covernotes in disbursing banking credit and analyzing the legal implications for notaries if they fail to carry out the contents of the covernote in disbursing banking credit. The research results show that first, the validity of the covernote in disbursing banking credit is stated in, Legal implications for the Notary if they fail to carry out the contents of the covernote, the Notary can ask for an extension of time to complete the work and be subject to moral sanctions against them.