2011 Missouri Revised Statutes
TITLE XXIV BUSINESS AND FINANCIAL INSTITUTIONS
Chapter 369 Savings and Loan Associations
Section 369.239. Association may accept pledge of borrower's account or other additional collateral.


MO Rev Stat § 369.239. What's This?

Association may accept pledge of borrower's account or other additional collateral.

369.239. As additional collateral security for a loan, an association may accept the assignment or pledge of the account or accounts of the borrower or of any other account owner, or additional collateral of any kind.

(L. 1971 S.B. 3 47, A.L. 1983 H.B. 570)

Annotation Copyright Missouri Joint Committee on Legislative Research

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