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Texas Civil Practice and Remedies Code

§ 121.002 — CORPORATE ACKNOWLEDGMENTS

CP § 121.002Title 6. MISCELLANEOUS PROVISIONS · Ch. 121. ACKNOWLEDGMENTS AND PROOFS OF WRITTEN INSTRUMENTS

Statute text

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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.

Legislative history

Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.

Source: Texas Civil Practice and Remedies Code § 121.002 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.