Mississippi § 63-21-45 - Procedure upon creation of security interest.
Full text of Mississippi Mississippi Code of 1972 Annotated § 63-21-45 — Procedure upon creation of security interest., with citation guidance and answers to common questions.
§ 63-21-45. Procedure upon creation of security interest.
If an owner creates a security interest in a vehicle, manufactured home or mobile home: The owner shall immediately execute the application in the space provided therefor on the certificate of title, or on a separate form the State Tax Commission prescribes to name the lienholder on the certificate showing the name and address of the lienholder and the date of his security agreement, and cause the certificate, application and the required fee to be delivered to the lienholder. The lienholder shall immediately cause the certificate, application and required fee to be mailed or delivered to a county tax collector or a designated agent. Upon request of the owner or subordinate lienholder, a lienholder in possession of the certificate of title shall either mail or deliver the certificate to the subordinate lienholder for delivery to a county tax collector or a designated agent or, upon receipt from the subordinate lienholder of the owner’s application and the required fee, mail or deliver them to a county tax collector or a designated agent with the certificate. The delivery of the certificate does not affect the rights of the first lienholder under his security agreement. Upon receipt of the certificate of title, application and the required fee, the State Tax Commission shall either endorse on the certificate or issue a new certificate containing the name and address of the new lienholder, and mail the certificate to the first lienholder named in it. Information evidencing a bank or lending institution’s lien or other security interest in a motor vehicle’s, manufactured home’s or mobile home’s certificate of title may be transferred by electronic means as provided in Section 63-21-16.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 63-21-45
What does Mississippi Code of 1972 Annotated § 63-21-45 cover?
Section 63-21-45 ("Procedure upon creation of security interest.") 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 § 63-21-45?
A common citation format is "Mississippi Code of 1972 Annotated § 63-21-45" (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 § 63-21-45 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.