48.20 UNAUTHORIZED PLEDGES, NOTES, LIENS VOID.
31 words·~1 min read·
/mn/chapter-48/48-20A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.