Minnesota § 609.5319 - FINANCIAL INSTITUTION SECURED INTEREST
Full text of Minnesota Minnesota Statutes § 609.5319 — FINANCIAL INSTITUTION SECURED INTEREST, with citation guidance and answers to common questions.
§ 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.
History:
Official Publication of the State of Minnesota
Revisor of Statutes
Frequently Asked Questions About Minnesota § 609.5319
What does Minnesota Statutes § 609.5319 cover?
Section 609.5319 ("FINANCIAL INSTITUTION SECURED INTEREST") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 609.5319?
A common citation format is "Minnesota Statutes § 609.5319" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 609.5319 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.