369.259. Unapproved transfer of encumbered property, effect of.

Unapproved transfer of encumbered property, effect of.

369.259. In the event of a conveyance or transfer of anyproperty upon which an association has a lien without the consentof the association, the association may proceed as provided inthe note or security instrument.

(L. 1971 S.B. 3 § 51)