Pennsylvania § 304 Authority to perform notarial act

Pennsylvania Statutes

§ 304 — Authority to perform notarial act

Pennsylvania·Title 57 NOTARIES PUBLIC·Ch. 3 REVISED UNIFORM LAW ON NOTARIAL ACTS

(a)Permitted.--A notarial officer may perform a notarial act authorized by this chapter or by statutory provision other than this chapter.

(b)Prohibited.--

(1)A notarial officer may not perform a notarial act with respect to a record in which the notarial officer or the notarial officer's spouse has a direct or pecuniary interest.

(2)For the purpose of this subsection, none of the following shall constitute a direct or pecuniary interest:

(i)being a shareholder in a publicly traded company that is a party to the notarized transaction;

(ii)being an officer, director or employee of a company that is a party to the notarized transaction, unless the director, officer or employee personally benefits from the transaction other than as provided under subparagraph (iii); or

(iii)recei

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(a) Permitted.--A notarial officer may perform a notarial act authorized by this chapter or by statutory provision other than this chapter.

(b) Prohibited.--

(1) A notarial officer may not perform a notarial act with respect to a record in which the notarial officer or the notarial officer's spouse has a direct or pecuniary interest.

(2) For the purpose of this subsection, none of the following shall constitute a direct or pecuniary interest:

(i) being a shareholder in a publicly traded company that is a party to the notarized transaction;

(ii) being an officer, director or employee of a company that is a party to the notarized transaction, unless the director, officer or employee personally benefits from the transaction other than as provided under subparagraph (iii); or

(iii) receiving a fee that is not contingent upon the completion of the notarized transaction.

(3) A notarial act performed in violation of this subsection is voidable.

(c) Certification of tangible copies.--A notarial officer may certify that a tangible copy of an electronic record is a true and correct copy of the electronic record.

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Legislative History

(Oct. 29, 2020, P.L.1030, No.97, eff. imd.) 2020 Amendment.Act 97 added subsec. (c). Cross References.Section 304 is referred to in sections 315, 326 of this title.