46-1-7. Disqualifications. A notary may not perform a notarial act if the notary: (1) is a signer of the document that is to be notarized, except for: (a) a self-proved will as provided in Section 75-2-504; or (b) a self-proved electronic will as provided in Section 75-2-1408; (2) is named in the document that is to be notarized except for: (a) a self-proved will as provided in Section 75-2-504; (b) a self-proved electronic will as provided in Section 75-2-1408; (c) a licensed attorney that is listed in the document only as representing a signer or another person named in the document; or (d) a licensed escrow agent, as defined in Section 31A-1-301, that: (i) acts as the title insurance producer in signing closing documents; and (ii) is not named individually in the closing documents as a grantor, grantee, mortgagor, mortgagee, trustor, trustee, vendor, vendee, lessor, lessee, buyer, or seller; (3) will receive direct compensation from a transaction connected with a financial transaction in which the notary is named individually as a principal; or (4) will receive direct compensation from a real property transaction in which the notary is named individually as a grantor, grantee, mortgagor, mortgagee, trustor, trustee, beneficiary, vendor, vendee, lessor, lessee, buyer, or seller.
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