61-1-14(2)(g) – Bona Fide Pledgee Transactional Exemption
Exemption
(2) The following transactions are exempted from Sections 61-1-7 and 61-1-15:
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(g) a transaction executed by a bona fide pledgee without a purpose of evading this chapter;
(2) The following transactions are exempted from Sections 61-1-7 and 61-1-15:
* * *
(g) a transaction executed by a bona fide pledgee without a purpose of evading this chapter;