Mississippi Code
Miss. Code Ann. § 75-9-319 (2026)
Rights and title of consignee with respect to creditors and purchasers
✓ current as of July 2026
- (a) Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer.
- (b) For purposes of determining the rights of a creditor of a consignee, law other than this article determines the rights and title of a consignee while goods are in the consignee's possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor.
Laws, 2001, ch. 495, § 1, eff. 1/1/2002.
Notes of Decisions
Cited in 2
cases, 1993–1995 · leading case: First Bank v. E. Livestock Co., 837 F. Supp. 792 (S.D. Miss. 1993).
First Bank v. E. Livestock Co., 837 F. Supp. 792 (S.D. Miss. 1993). “See Miss.Code Ann. § 75-9-319 (directing Secretary of State to issue regulations).”
First Bank v. E. Livestock Co., 886 F. Supp. 1328 (S.D. Miss. 1995). “Miss.Code Ann. § 75-9-319. The earlier opinion of this court concluded that First Bank's UCC-1F financing statement was adequate to give potential buyers such as Eastern notice of any security interest it had in the cattle, though the court held that there is an issue of fact…”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.