Mississippi § 75-9-623 - Right to redeem collateral.
Full text of Mississippi Mississippi Code of 1972 Annotated § 75-9-623 — Right to redeem collateral., with citation guidance and answers to common questions.
§ 75-9-623. Right to redeem collateral.
A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral. To redeem collateral, a person shall tender: Fulfillment of all obligations secured by the collateral then due or past due (excluding any sums that would not be due except for an acceleration provision); and The reasonable expenses and attorney’s fees described in Section 75-9-615(a)(1). Has accepted collateral in full or partial satisfaction of the obligation it secures under Section 75-9-622. A redemption may occur at any time before a secured party: Has collected collateral under Section 75-9-607; Has disposed of collateral or entered into a contract for its disposition under Section 75-9-610; or
Frequently Asked Questions About Mississippi § 75-9-623
What does Mississippi Code of 1972 Annotated § 75-9-623 cover?
Section 75-9-623 ("Right to redeem collateral.") 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 § 75-9-623?
A common citation format is "Mississippi Code of 1972 Annotated § 75-9-623" (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 § 75-9-623 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.