Quite a simple question. In SQL 2008 if I have a stored procedure (see below) do I run the risk of a race condition between the first two statements or does the stored procedure put a lock on the things it touches like transactions do?
ALTER PROCEDURE [dbo].[usp_SetAssignedTo] 
    -- Add the parameters for the stored procedure here
    @Server varchar(50), 
    @User varchar(50),
    @UserPool varchar(50)
AS
BEGIN
    SET NOCOUNT ON;
    Declare @ServerUser varchar(50)
    -- Find a Free record
    SELECT top 1 @ServerUser = UserName 
    from ServerLoginUsers
    where AssignedTo is null and [TsServer] = @Server
    --Set the free record to the user
    Update ServerLoginUsers
    set AssignedTo = @User, AssignedToDate = getdate(), SourcePool = @UserPool
    where [TsServer] = @Server and UserName = @ServerUser
    --report record back if it was updated. Null if it was not available.
    select * 
    from ServerLoginUsers 
    where [TsServer] = @Server 
        and UserName = @ServerUser 
        and AssignedTo = @User
END
 
     
    