Miss. Code § 75-9-332

Current through the 2024 Regular Session
Section 75-9-332 - Transfer of money; transfer of funds from deposit account
(a) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.
(b) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

Miss. Code § 75-9-332

Laws, 2001, ch. 495, § 1, eff. 1/1/2002.