Subject to subsection (b), a financing statement is sufficient only if it:
Except as otherwise provided in Section 75-9-501(b), to be sufficient, a financing statement that covers as-extracted collateral or timber to be cut, or which is filed as a fixture filing and covers goods that are or are to become fixtures, must satisfy subsection (a) and also:
Indicate that it covers this type of collateral;
Indicate that it is to be filed for record in the real property records;
Provide a description of the real property to which the collateral is related sufficient to give constructive notice of a mortgage under the law of this state if the description were contained in a record of the mortgage of the real property; and
A record of a mortgage is effective, from the date of recording, as a financing statement filed as a fixture filing or as a financing statement covering as-extracted collateral or timber to be cut only if:
The record indicates the goods or accounts that it covers;
The goods are or are to become fixtures related to the real property described in the record or the collateral is related to the real property described in the record and is as-extracted collateral or timber to be cut;
The record satisfies the requirements for a financing statement in this section, but:
The record need not indicate that it is to be filed in the real property records; and
The record sufficiently provides the name of the debtor who is an individual if it provides the individual name of the debtor or the surname and first personal name of the debtor, even if the debtor is an individual to whom Section 75-9-503(a)(4) applies; and
The record is duly recorded.
A financing statement may be filed before a security agreement is made or a security interest otherwise attaches.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 9 - Uniform Commercial Code-Secured Transactions
Subpart 1 - Filing Office; Contents and Effectiveness of Financing Statement
§ 75-9-503. Name of debtor and secured party
§ 75-9-504. Indication of collateral
§ 75-9-506. Effect of errors or omissions
§ 75-9-507. Effect of certain events on effectiveness of financing statement
§ 75-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement
§ 75-9-509. Persons entitled to file a record
§ 75-9-510. Effectiveness of filed record
§ 75-9-511. Secured party of record
§ 75-9-512. Amendment of financing statement
§ 75-9-513. Termination statement
§ 75-9-514. Assignment of powers of secured party of record
§ 75-9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§ 75-9-516. What constitutes filing; effectiveness of filing
§ 75-9-517. Effect of indexing errors
§ 75-9-518. Claim concerning inaccurate or wrongfully filed record