US Laws, Codes, Statutes & Cases

§29C-3-102. Limitations on powers.

(a) A notary public who has a disqualifying interest, as hereinafter defined, in a transaction may not legally perform any notarial act in connection with the transaction.
(b) For the purposes of this chapter, a notary public has a disqualifying interest in a transaction in connection with which notarial services are requested if he:
(1) May receive directly, and as a proximate result of the notarization, any advantage, right, title, interest, cash or property, exceeding in value the sum of any fee properly received in accordance with section three hundred one, article four of this chapter; or exceeding his regular compensation and benefits as an employee whose duties include performing notarial acts for an in behalf of his employer; or
(2) Is named, individually, as a party to the transaction.