Bank Stock Lien

What does Bank Stock Lien mean in American Law?

The definition of Bank Stock Lien in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:

A statutory or contractual lien which a bank has on shares of its own stock to secure payment of obligations from a stockholder to the bank, especially the obligation once commonly attached to ownership of bank stock to contribute additional capital when necessary. See superadded liability.