Mississippi § 81-19-33 - Effect of failure to comply with chapter on underlying transaction.
Full text of Mississippi Mississippi Code of 1972 Annotated § 81-19-33 — Effect of failure to comply with chapter on underlying transaction., with citation guidance and answers to common questions.
§ 81-19-33. Effect of failure to comply with chapter on underlying transaction.
The failure of a licensed consumer loan broker to comply with this chapter in the finding and obtaining of a consumer loan for a borrower shall not affect the validity and enforceability of any debt, mortgage, deed of trust or any other lien interest in real or personal property, and a lender in the consumer loan or his assignee, holder or transferee is under no obligation to ascertain if this chapter has been complied with by the licensed consumer loan broker in the transaction.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 81-19-33
What does Mississippi Code of 1972 Annotated § 81-19-33 cover?
Section 81-19-33 ("Effect of failure to comply with chapter on underlying transaction.") 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 § 81-19-33?
A common citation format is "Mississippi Code of 1972 Annotated § 81-19-33" (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 § 81-19-33 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.