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2019 Minnesota Statutes
Chapters 46 - 59 — Banking
Chapter 48 — Banks
Section 48.18 — Pledges Or Liens Of Assets Subject To Prior Liens.
Universal Citation: MN Stat § 48.18 (2019)
48.18 PLEDGES OR LIENS OF ASSETS SUBJECT TO PRIOR LIENS.
No bank or trust company shall pledge or hypothecate or create a lien upon or charge against any of its assets subject to a prior lien, hypothecation, or charge.
History: (7699-16) 1927 c 257 s 3
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