Minn. Stat. § 48.18 – Pledges or Liens of Assets Subject to Prior Liens | Midpage
§ 48.18
Minn. Stat. § 48.18
Pledges or Liens of Assets Subject to Prior Liens
(7699-16) 1927 c 257 s 3
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.