CA has declared that selling their IOUs requires notarization of approved transfer from the original payee - practically prohibiting selling these "securities" for immediate cash.
The Soviet Union's last straw was inability to pay obligations. These IOUs are effectively non-transferrable low-interest high-risk securities - an obfuscated way of saying CA isn't paying obligations.
How convenient, then, that the Democrats passed a law a few years ago that devastated the availability of notaries public by imposing ridiculous training, exam, and continuing education requirements upon notaries. The "handbook" is over 50 pages long, but the maximum fee is $10, the same as it is in New Hampshire which only requires an application fee, oath, and a criminal background check.
I know people who'd been trying to adopt children while living in California, and at least one was eventually forced to give up due to the ridiculous expense and hassle of getting a document notarized, let alone an apostille from Sacramento as required for international court proceedings.