Texas Statutes (Last Updated: January 4, 2014) |
CIVIL PRACTICE AND REMEDIES CODE |
Title 6. MISCELLANEOUS PROVISIONS |
Chapter 121. ACKNOWLEDGMENTS AND PROOFS OF WRITTEN INSTRUMENTS |
Sec. 121.002. CORPORATE ACKNOWLEDGMENTS
Latest version.
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(a) An employee of a corporation is not disqualified because of his employment from taking an acknowledgment or proof of a written instrument in which the corporation has an interest.
(b) An officer who is a shareholder in a corporation is not disqualified from taking an acknowledgment or proof of an instrument in which the corporation has an interest unless:
(1) the corporation has 1,000 or fewer shareholders; and
(2) the officer owns more than one-tenth of one percent of the issued and outstanding stock.
Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.