Except as otherwise provided in subsection (c), this section applies if:
Within ten (10) days after receiving an authenticated demand by the debtor, a secured party shall send to an account debtor that has received notification of an assignment to the secured party as assignee under Section 75-9-406(a) an authenticated record that releases the account debtor from any further obligation to the secured party.
This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 9 - Uniform Commercial Code-Secured Transactions
§ 75-9-207. Rights and duties of secured party having possession or control of collateral
§ 75-9-208. Additional duties of secured party having control of collateral
§ 75-9-209. Duties of secured party if account debtor has been notified of assignment
§ 75-9-210. Request for accounting; request regarding list of collateral or statement of account