(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.

Terms Used In Texas Civil Practice and Remedies Code 121.002

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005