Mississippi § 75-9-317 - Interests that take priority over or take free of security interest or agricultural lien.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-9-317 — Interests that take priority over or take free of security interest or agricultural lien., with citation guidance and answers to common questions.
§ 75-9-317. Interests that take priority over or take free of security interest or agricultural lien.
A security interest or agricultural lien is subordinate to the rights of: A person entitled to priority under Section 75-9-322; and Except as otherwise provided in subsection (e), a person that becomes a lien creditor before the earlier of the time: The security interest or agricultural lien is perfected; or One (1) of the conditions specified in Section 75-9-203(b)(3) is met and a financing statement covering the collateral is filed. Except as otherwise provided in subsection (e), a buyer, other than a secured party, of tangible chattel paper, documents, goods, instruments, or a certificated security takes free of a security interest or agricultural lien if the buyer gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected. Except as otherwise provided in subsection (e), a lessee of goods takes free of a security interest or agricultural lien if the lessee gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected. A licensee of a general intangible or a buyer, other than a secured party, of collateral other than tangible chattel paper, tangible documents, goods, instruments, or a certificated security takes free of a security interest if the licensee or buyer gives value without knowledge of the security interest and before it is perfected. Except as otherwise provided in Sections 75-9-320 and 75-9-321, if a person files a financing statement with respect to a purchase-money security interest before or within twenty (20) days after the debtor receives delivery of the collateral, the security interest takes priority over the rights of a buyer, lessee, or lien creditor which arise between the time the security interest attaches and the time of filing.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 75-9-317
What does Mississippi Code of 1972 Annotated § 75-9-317 cover?
Section 75-9-317 ("Interests that take priority over or take free of security interest or agricultural lien.") 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 § 75-9-317?
A common citation format is "Mississippi Code of 1972 Annotated § 75-9-317" (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 § 75-9-317 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.