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Texas Civil Practice and Remedies Code - CIV PRAC & REM § 121.002. Corporate Acknowledgments

Current as of January 01, 2024 | Updated by FindLaw Staff

(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.

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Cite this article: FindLaw.com - Texas Civil Practice and Remedies Code - CIV PRAC & REM § 121.002. Corporate Acknowledgments - last updated January 01, 2024 | https://codes.findlaw.com/tx/civil-practice-and-remedies-code/civ-prac-rem-sect-121-002/

Read this complete Texas Civil Practice and Remedies Code - CIV PRAC & REM § 121.002. Corporate Acknowledgments on Westlaw. Westlaw subscription required.

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