§954. Acts of notary who is interested in corporation
Any notary public who is a stockholder, director, officer or employee of a bank or other corporation may take the acknowledgement of any party to any written instrument executed to or by such corporation, or may administer an oath to any other stockholder, director, officer, employee or agent of such corporation, or may protest for nonacceptance or nonpayment bills of exchange, drafts, checks, notes and other negotiable instruments that may be owned or held for collection by such bank or other corporation. It is unlawful for any notary public to take the acknowledgment of an instrument by or to a bank or other corporation of which the notary public is a stockholder, director, officer or employee when such notary is a party to such instrument, either individually or as a representative of such bank or other corporation, or to protest any negotiable instrument owned or held for collection by such bank or other corporation, when such notary is individually a party to such instrument. [RR 2021, c. 1, Pt. B, §34 (COR).]
SECTION HISTORY
RR 2021, c. 1, Pt. B, §34 (COR).