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 self-proved will as provided in Section; or 75-2-504 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 self-proved will as provided in Section; 75-2-504 a self-proved electronic will as provided in Section; 75-2-1408 a licensed attorney that is listed in the document only as representing a signer or another person named in the document; or a licensed escrow agent, as defined in Section, that: 31A-1-301 acts as the title insurance producer in signing closing documents; and 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.