Can anyone tell me if an Indemnity Bond for Lost Instruments (ie a CD) needs to be notarized?

I believe so.

Any idea where I can find info on this? I can't seem to find ANYTHING.

I just did a Google search and all of the examples have a place for notary.

If your CD's are non-negotiable and non-transferrable, what do you need an indemnity bond for in the first place. Typical CDs today are just a piece of paper the customer is given to make them feel better.

Our CD's used to be in passbook form and therefore when a book was lost we did require a Lost Passbook Affidavit signed by all owners on the account. Their signatures needed to be notarized per MA law. Our CD's are now in a just a paper form so they no longer require the form. However, our regular passbook savings and money market accounts would still require the Affidavit.