GroundRules
Miss. Code Ann. § 75-9-623: Right to redeem collateral.
Where this section sits in the code
- Title 75. Regulation of Trade, Commerce and Investments
- Chapter 9. Uniform Commercial Code—Secured Transactions
- Part 6. Default.
- Subpart 1. Default and Enforcement of Security Interest.
(a) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.
(b) To redeem collateral, a person shall tender:
(1) Fulfillment of all obligations secured by the collateral then due or past due (excluding any sums that would not be due except for an acceleration provision); and
(2) The reasonable expenses and attorney’s fees described in Section 75-9-615(a)(1).
(c) A redemption may occur at any time before a secured party:
(1) Has collected collateral under Section 75-9-607;
(2) Has disposed of collateral or entered into a contract for its disposition under Section 75-9-610; or
(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under Section 75-9-622.
Collected 2026-10-27T05:54:13Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source