Minn. Stat. » CHAPTER 48. BANKS
Minnesota Statutes

Minn. Stat. § 48.18 (2026)

Pledges Or Liens Of Assets Subject To Prior Liens

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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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.

Notes of Decisions
Cited in 2 cases, 1987–2017 · leading case: State v. Edwards, 900 N.W.2d 722 (Minn. Ct. App. 2017).
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State v. Edwards, 900 N.W.2d 722 (Minn. Ct. App. 2017). · cites it 3× “§ 48.18 (5) (1992), which required the prosecutor to present evidence *730 in support of waiving the juvenile, court’s jurisdiction, and establish “by clear and convincing evidence that it would be contrary to the best interests of the child or of the public” to try the…”
Norwest Bank Minneapolis v. Rutledge, 407 N.W.2d 409 (Minn. Ct. App. 1987). · cites it 2× “They cite Minn.Stat. § 48.18 (1984) which provides: 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.”
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