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: 1996 c 408 art 11 s 7