Sec. 119.003. ACKNOWLEDGMENT OR PROOF TAKEN BY MEMBER, STOCKHOLDER, OR EMPLOYEE OF SAVINGS BANK. A public officer who is qualified to take an acknowledgment or proof of a written instrument and who is a member or employee of, or a shareholder in, a savings bank or federal savings bank is not disqualified because of that relationship to the savings bank or federal savings bank from taking an acknowledgment or proof of a written instrument in which a savings bank or federal savings bank is interested.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 119 - Miscellaneous Provisions Applicable to Savings Banks
Subchapter A. General Miscellaneous Provisions
Section 119.001. Applicability of Chapter 4, Business & Commerce Code
Section 119.002. Applicability of Savings and Loan Laws to Savings Banks
Section 119.003. Acknowledgment or Proof Taken by Member, Stockholder, or Employee of Savings Bank
Section 119.004. Rendition of Certain Personal Property for Ad Valorem Taxation
Section 119.005. State Taxation of Savings Banks
Section 119.006. Initiation of Rulemaking by Savings Banks