Minn. Stat. § 609.5319

Current through Register Vol. 49, No. 8, August 19, 2024
Section 609.5319 - FINANCIAL INSTITUTION SECURED INTEREST

Property that is subject to a bona fide security interest, based upon a loan or other financing arranged by a bank, credit union, or any other financial institution, is subject to the interest of the bank, credit union, or other financial institution in any forfeiture proceeding that is based upon a violation of any provision of this chapter or the commission of any other criminal act. The security interest must be established by clear and convincing evidence.

Minn. Stat. § 609.5319

1996 c 408 art 11 s 7