Mo. Rev. Stat. § 369.239

Current with changes from the 2023 Legislative Session

Section 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.

§ 369.239, RSMo

L. 1971 S.B. 3 § 47, A.L. 1983 H.B. 570