{"data":{"id":"us-ms/miss.-code-ann.-75-9-325","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-9-325","heading":"Priority of security interests in transferred collateral.","body":"(a) Except as otherwise provided in subsection (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:\n(1) The debtor acquired the collateral subject to the security interest created by the other person;\n(2) The security interest created by the other person was perfected when the debtor acquired the collateral; and\n(3) There is no period thereafter when the security interest is unperfected.\n(b) Subsection (a) subordinates a security interest only if the security interest:\n(1) Otherwise would have priority solely under Section 75-9-322(a) or 75-9-324; or\n(2) Arose solely under Section 75-2-711(3) or 75-2A-508(5).","path":["Title 75. Regulation of Trade, Commerce and Investments","Chapter 9. Uniform Commercial Code—Secured Transactions","Part 3. Perfection and Priority.","Subpart 3. Priority."],"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":"ea3627f3e2cbba81573eb590d4ab64fad57d43b2caca462cee1afc8917c70b28","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-9-324a","next":"us-ms/miss.-code-ann.-75-9-326","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."}
