If the lienholder succeeds to the interest of the owner and holds the vehicle, manufactured home or mobile home for resale, he need not secure a new certificate of title but, upon transfer to another person, shall promptly mail or deliver to the transferee the certificate, affidavit and other documents required to be sent to the commission by the transferee. The transferee shall promptly make application to a county tax collector or a designated agent for a new certificate in the form prescribed by the commission.
Structure Mississippi Code
Title 63 - Motor Vehicles and Traffic Regulations
Chapter 21 - Motor Vehicle Titles
Article 1 - General Provisions
§ 63-21-15. Application for certificate of title; expedited title processing
§ 63-21-18. Automated statewide motor vehicle title registration system
§ 63-21-21. Delivery of certificate of title
§ 63-21-25. Refusal to issue certificate of title
§ 63-21-29. Issuance of distinctive certificate of title
§ 63-21-35. Procedure upon transfer of interest of owner by operation of law
§ 63-21-37. Issuance of new certificate of title; disposition of surrendered certificates
§ 63-21-41. Applicability of chapter to particular liens and security interests
§ 63-21-47. Assignment of security interest by lienholder
§ 63-21-53. Perfection of unsatisfied security interest in previously registered vehicle
§ 63-21-59. Suspension or revocation of certificate of title
§ 63-21-64. Fees paid to Department of Revenue for issuing and processing necessary documents
§ 63-21-65. Disposition of fees
§ 63-21-71. Penalties for violations of chapter generally
§ 63-21-73. Penalty for felonies