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Mississippi – UCC Article 9 2010 amendments introduced

The Mississippi Senate introduced a bill on January 21, 2013 to enact the 2010 Amendments to UCC Article 9.  Senate Bill 2609 adopts the Alternative A “Only If” approach for individual debtor name sufficiency in Section 9-503(a)(4), incorporates by reference the new forms in Section 9-521 and follows the uniform effective date of July 1, 2013.

The bill includes one significant non-uniform provision.  It omits the new definition for “registered organization” in Section 9-102(a)(71), which could create ambiguity for sufficiency of registered organization debtor names.  The revised definition, together with the new definition of  “public organic record” in Section 9-102(a)(70), form the basis of the new registered organization debtor name sufficiency rules in Section 9-503(a)(1).   

CSC will continue to track all UCC Article 9 legislation and provide update of any significant developments.  Additional resources on the 2010 Amendments to UCC Article 9, including legislative status charts, are available at
If you have questions or need more information on Article 9 legislation, please contact Paul Hodnefield, Associate General Counsel, at or 800-927-9801, ext. 62375.