Section 48.20 Unauthorized Pledges, Notes, Liens Void

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.

History:

(7699-18) 1927 c 257 s 5