Mississippi Code
Miss. Code Ann. § 75-9-104 (2026)
Control of deposit account
✓ current as of July 2026
- (a) A secured party has control of a deposit account if:
- (1) The secured party is the bank with which the deposit account is maintained;
- (2) The debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor; or
- (3) The secured party becomes the bank's customer with respect to the deposit account.
- (b) A secured party that has satisfied subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.
Former 1972 Code § 75-9-104 [Codes, 1942, § 41A:9-104; Laws, 1966, ch. 316, § 9-104; Laws, 1977, ch. 452, § 7; Laws, 1996, ch. 460, § 22] is now found in comparable provisions enacted at § 75-9-109 by Laws, 2001, ch. 495, § 1. Present § 75-9-104 derived from 1972 Code § 75-8-106 [Laws, 1996, ch. 468, § 7] and was enacted by Laws, 2001, ch. 495, § 1, eff. 1/1/2002.
Notes of Decisions
Cited in 6
cases, 1978–1999 · leading case: Shutze v. Credithrift of Am., Inc., 607 So. 2d 55 (Miss. 1992).
Shutze v. Credithrift of Am., Inc., 607 So. 2d 55 (Miss. 1992). “" Miss. Code Ann. § 75-9-104 (Supp. 1991) (emphasis supplied).”
W.C. Fore Trucking Co. v. Biloxi Prestress Concrete, Inc., 98 F.3d 204 (5th Cir. 1996). “Miss.Code Ann. § 75-9-104 (1972). It is clear from the wording of this statute cited to the Court that Article 9 does not apply to assignments made for collection purposes only.”
Mullen v. Green Tree Fin. Corp., 730 So. 2d 9 (Miss. 1998). “It does not depend on any interpretation based on Chapter 9, the Secured Transactions Chapter of the Uniform Commercial Code because Miss.Code Ann. § 75-9-104(b) clearly excludes landlord's liens from Chapter 9.”
In the Matter Of: Thomas Shannon Millette, Debtor. O'Neal Steel, Inc., Appellant-Cross-Appellee v. E B Inc., Appellee-Cross-Appellant, 186 F.3d 638 (5th Cir. 1999). “See Miss.Code Ann. § 75-9-104(j) (Supp.1998) (stating that the Mississippi Commercial Code excludes “the creation or transfer of an interest in or lien on real estate, including a lease or rents thereunder”).”
United States of Am., Cross-Appellee v. John Junius Sims, Lois E. Sly, of the Last Will & Testament of Howard B. Sly, Cross-Appellant, 586 F.2d 580 (5th Cir. 1978). “Miss.Code Ann. § 75-9-104(j) (Supp.1978).”
Unknown. “See Miss. Code Ann. § 75-9-104 (j) (Supp. 1998) (stating that the Mississippi Commercial Code excludes “the creation or transfer of an interest in or lien on real estate, including a lease or rents thereunder”).”
— Miss. Code Ann. § 75-9-104(b) — 1 case
Mullen v. Green Tree Fin. Corp., 730 So. 2d 9 (Miss. 1998). “It does not depend on any interpretation based on Chapter 9, the Secured Transactions Chapter of the Uniform Commercial Code because Miss.Code Ann. § 75-9-104(b) clearly excludes landlord's liens from Chapter 9.”
— Miss. Code Ann. § 75-9-104(j) — 2 cases
In the Matter Of: Thomas Shannon Millette, Debtor. O'Neal Steel, Inc., Appellant-Cross-Appellee v. E B Inc., Appellee-Cross-Appellant, 186 F.3d 638 (5th Cir. 1999). “See Miss.Code Ann. § 75-9-104(j) (Supp.1998) (stating that the Mississippi Commercial Code excludes “the creation or transfer of an interest in or lien on real estate, including a lease or rents thereunder”).”
United States of Am., Cross-Appellee v. John Junius Sims, Lois E. Sly, of the Last Will & Testament of Howard B. Sly, Cross-Appellant, 586 F.2d 580 (5th Cir. 1978). “Miss.Code Ann. § 75-9-104(j) (Supp.1978).”
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