Minnesota Code § 48.18

PLEDGES OR LIENS OF ASSETS SUBJECT TO PRIOR LIENS.
Open in Lexace · Ask the AI about this section
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.

‹ Prev All Minnesota sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.