Mississippi § 75-9-314 - Perfection by control.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-9-314 — Perfection by control., with citation guidance and answers to common questions.
§ 75-9-314. Perfection by control.
A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under Section 75-7-106, 75-9-104, 75-9-105, 75-9-106 or 75-9-107. A security interest in deposit accounts, electronic chattel paper, letter-of-credit rights, or electronic documents is perfected by control under Section 75-7-106, 75-9-104, 75-9-105 or 75-9-107 when the secured party obtains control and remains perfected by control only while the secured party retains control. A security interest in investment property is perfected by control under Section 75-9-106 from the time the secured party obtains control and remains perfected by control until: The secured party does not have control; and One (1) of the following occurs: If the collateral is a certificated security, the debtor has or acquires possession of the security certificate; If the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or If the collateral is a security entitlement, the debtor is or becomes the entitlement holder.
Frequently Asked Questions About Mississippi § 75-9-314
What does Mississippi Code of 1972 Annotated § 75-9-314 cover?
Section 75-9-314 ("Perfection by control.") 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 § 75-9-314?
A common citation format is "Mississippi Code of 1972 Annotated § 75-9-314" (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 § 75-9-314 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.