Miss. Code § 75-9-605

Current through the 2024 Regular Session
Section 75-9-605 - Unknown debtor or secondary obligor

A secured party does not owe a duty based on its status as secured party:

(1) To a person that is a debtor or obligor, unless the secured party knows:
(A) That the person is a debtor or obligor;
(B) The identity of the person; and
(C) How to communicate with the person; or
(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:
(A) That the person is a debtor; and
(B) The identity of the person.

Miss. Code § 75-9-605

Laws, 2001, ch. 495, § 1, eff. 1/1/2002.