A filed record is effective only to the extent that it was filed by a person that may file it under Section 75-9-509.
A record authorized by one (1) secured party of record does not affect the financing statement with respect to another secured party of record.
A continuation statement that is not filed within the six-month period prescribed by Section 75-9-515(d) is ineffective.
A filed record ceases to be effective if the Secretary of State terminates the record pursuant to Section 75-9-501.1.
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