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Form a Business

UNAUTHORIZED PLEDGES, NOTES, LIENS VOID.

Minn. Stat. § 48.20
in effect
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48.20. UNAUTHORIZED PLEDGES, NOTES, LIENS VOID. Any note, endorsement, guaranty, pledge, hypothecation, lien or other obligation given contrary to the provisions of sections 48.16 to 48.18 shall be null and void. (7699-18) 1927 c 257 s 5
Source: Minnesota Office of the Revisor of Statutes (revisor.mn.gov)URL: https://www.revisor.mn.gov/statutes/cite/48.20Fetched: 10/19/2026

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