{"data":{"id":"us-ms/miss.-code-ann.-75-9-627","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 75-9-627","heading":"Determination of whether conduct was commercially reasonable.","body":"(a) The fact that a greater amount could have been obtained by a collection, enforcement, disposition, or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition, or acceptance was made in a commercially reasonable manner.\n(b) A disposition of collateral is made in a commercially reasonable manner if the disposition is made:\n(1) In the usual manner on any recognized market;\n(2) At the price current in any recognized market at the time of the disposition; or\n(3) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.\n(c) A collection, enforcement, disposition, or acceptance is commercially reasonable if it has been approved:\n(1) In a judicial proceeding;\n(2) By a bona fide creditors’ committee;\n(3) By a representative of creditors; or\n(4) By an assignee for the benefit of creditors.\n(d) Approval under subsection (c) need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition, or acceptance is not commercially reasonable.","path":["Title 75. Regulation of Trade, Commerce and Investments","Chapter 9. Uniform Commercial Code—Secured Transactions","Part 6. Default.","Subpart 2. Noncompliance With Article."],"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":"0c9f6390348182478faece98921cecfd5eb2fb201a58c68c7e67d92b8ce6385b","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-75-9-626","next":"us-ms/miss.-code-ann.-75-9-628","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."}