369.239. Association may accept pledge of borrower's account or other additional collateral.
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/mo/chapter-369/369-239A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
369.239. Association may accept pledge of borrower's account or other additional collateral. — As additional collateral security for a loan, an association may accept the assignment or pledge of the account or accounts of the borrower or of any other account owner, or additional collateral of any kind.
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(L. 1971 S.B. 3 § 47, A.L. 1983 H.B. 570)