Section 48.18 — Pledges Or Liens Of Assets Subject To Prior Liens.

MN Stat § 48.18 (2019) (N/A)
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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