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Missouri Laws 369.239 - Association may accept pledge of borrower's account or other additional collateral

Missouri Laws > Title XXIV > Chapter 369 > § 369.239 - Association may accept pledge of borrower's account or other additional collateral


Current as of: 2009

369.239. 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.

(L. 1971 S.B. 3 ยง 47, A.L. 1983 H.B. 570)

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See also:
Missouri Laws > Title XXIV > Chapter 369 - Savings and Loan Associations
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