PLEDGES OR LIENS OF ASSETS SUBJECT TO PRIOR LIENS.

Minn. Stat. § 48.18, under Chapter 48. BANKS.

Minn. Stat. § 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