State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_18

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

State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_18

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


State Codes and Statutes

State Codes and Statutes

Statutes > Minnesota > 46-59 > 48 > 48_18

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