A person presumed to be a parent under section 1881 or an alleged genetic parent may execute a denial of parentage only in the limited circumstances set forth in this section. A denial of parentage is valid only if:
1. Acknowledgment. An acknowledgment of parentage signed or otherwise authenticated is filed pursuant to this subchapter;
2. Under penalty of perjury. The denial is in a record and is signed or otherwise authenticated under penalty of perjury; and
3. Person executing. The person executing the denial has not previously:
A. Acknowledged parentage, unless the previous acknowledgment has been rescinded pursuant to section 1867 or successfully challenged pursuant to section 1868; or
B. Been adjudicated to be the parent of the child.