119.003 – ACKNOWLEDGMENT OR PROOF TAKEN BY MEMBER,
Texas Finance Code § 119.003
Summary
This law allows public officers who are members, employees, or shareholders of a savings bank to take acknowledgments or proofs for documents involving that bank. It ensures that their relationship with the bank does not disqualify them from performing these duties. This provision is important for maintaining the efficiency of banking operations and legal documentation.
Public officers can act despite their bank affiliations.
Applies to acknowledgments or proofs involving savings banks.
Promotes efficiency in banking and legal processes.
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In simple terms: Learn about Texas's ACKNOWLEDGMENT OR PROOF TAKEN BY MEMBER, law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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