Mississippi § 63-21-47 - Assignment of security interest by lienholder.
Full text of Mississippi Mississippi Code of 1972 Annotated § 63-21-47 — Assignment of security interest by lienholder., with citation guidance and answers to common questions.
§ 63-21-47. Assignment of security interest by lienholder.
A lienholder may assign, absolutely or otherwise, his security interest in the vehicle, manufactured home or mobile home to a person other than the owner without affecting the interest of the owner or the validity of the security interest. However, any person without notice of the assignment is protected in dealing with the lienholder as the holder of the security interest and the lienholder remains liable for any obligations as lienholder until the assignee is named as lienholder on the certificate in the manner prescribed by the State Tax Commission. The commission shall file each assignment received by the commission with the required fee, and note the assignee as lienholder upon the record of notices of security interests maintained by the commission.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 63-21-47
What does Mississippi Code of 1972 Annotated § 63-21-47 cover?
Section 63-21-47 ("Assignment of security interest by lienholder.") 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 § 63-21-47?
A common citation format is "Mississippi Code of 1972 Annotated § 63-21-47" (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 § 63-21-47 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.