{"data":{"id":"us-ms/miss.-code-ann.-75-9-103a","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-9-103A","heading":"“Production-money crops”; “production-money obligation”; production-money security interest; burden of establishing.","body":"(a) A security interest in crops is a production-money security interest to the extent that the crops are production-money crops.\n(b) If the extent to which a security interest is a production-money security interest depends on the application of a payment to a particular obligation, the payment must be applied:\n(1) In accordance with any reasonable method of application to which the parties agree;\n(2) In the absence of the parties’ agreement to a reasonable method, in accordance with any intention of the obligor manifested at or before the time of payment; or\n(3) In the absence of an agreement to a reasonable method and a timely manifestation of the obligor’s intention, in the following order:\n(A) To obligations that are not secured; and\n(B) If more than one (1) obligation is secured, to obligations secured by production-money security interests in the order in which those obligations were incurred.\n(c) A production-money security interest does not lose its status as such, even if:\n(1) The production-money crops also secure an obligation that is not a production-money obligation;\n(2) Collateral that is not production-money crops also secures the production-money obligation; or\n(3) The production-money obligation has been renewed, refinanced, or restructured.\n(d) A secured party claiming a production-money security interest has the burden of establishing the extent to which the security interest is a production-money security interest.","path":["Title 75. Regulation of Trade, Commerce and Investments","Chapter 9. Uniform Commercial Code—Secured Transactions","Part 1. General Provisions.","Subpart 1. Short Title, Definitions, and General Concepts."],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.75.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:13Z","sha256":"aa331b48ccb1f8841795c3aa02e3d7cb5c3a0915250e9a5608187e362662ae87","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-9-103","next":"us-ms/miss.-code-ann.-75-9-104","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"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.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"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.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}