Mississippi § 63-19-45 - Assignment of retail installment contract.
Full text of Mississippi Mississippi Code of 1972 Annotated § 63-19-45 — Assignment of retail installment contract., with citation guidance and answers to common questions.
§ 63-19-45. Assignment of retail installment contract.
Any sales finance company may purchase or acquire or agree to purchase or acquire from any seller any contract on such terms and conditions as may be agreed upon between them. Filing of the assignment, notice to the buyer of the assignment, and any requirement that the holder maintain dominion over the payments or the motor vehicle if repossessed shall not be necessary to the validity of a written assignment of a contract as against creditors, subsequent purchasers, pledgees, mortgagees and lien claimants of the seller. Unless the buyer has notice of the assignment of his contract, payment thereunder made by the buyer to the last known holder of such contract shall be binding upon all subsequent holders.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 63-19-45
What does Mississippi Code of 1972 Annotated § 63-19-45 cover?
Section 63-19-45 ("Assignment of retail installment contract.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 63-19-45?
A common citation format is "Mississippi Code of 1972 Annotated § 63-19-45" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 63-19-45 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.