71-2-107. Property pledged to extent of lien. A person who has a lien upon property may pledge it to the extent of the person's lien.

     History: En. Sec. 3894, Civ. C. 1895; re-en. Sec. 5778, Rev. C. 1907; re-en. Sec. 8296, R.C.M. 1921; Cal. Civ. C. Sec. 2990; Field Civ. C. Sec. 1651; re-en. Sec. 8296, R.C.M. 1935; R.C.M. 1947, 65-105; amd. Sec. 2256, Ch. 56, L. 2009.