Miss. Code Ann. § 89-1-325: Postponement or extension shall not substantially diminish value of contract or obligation.
Where this section sits in the code
- Title 89. Real and Personal Property
- Chapter 1. Land and Conveyances
- Relief From Inequitable Mortgage Foreclosures, Execution Sales and the Like After Declared Emergency or Disaster
No postponement or extension shall be ordered under conditions which, under the temporary emergency, would substantially diminish or impair the value of the contract or obligation of the person against whom the relief is sought without reasonable allowance to justify the exercise of the police power hereby authorized.
Collected 2026-10-27T05:54:48Z. 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