1 MAC Pt. 4, R. 2.26
“Secured party of record” means, with respect to a financing statement, a person
Cite as 1 Miss. Admin. Code Pt. 4, R. 2.26
“Secured party of record” means, with respect to a financing statement, a person
whose name is provided as the name of a secured party or a representative of the secured party in
an initial financing statement that has been filed. If an initial financing statement is filed under
Mississippi Code § 75-9-514(a), the assignee named in the initial financing statement is the
secured party of record with respect to the financing statement. If an amendment of a financing
statement which provides the name of a person as a secured party or a representative of a secured
party is filed, the person named in the amendment is a secured party of record. If an amendment
is filed under Mississippi Code § 75-9-514(b), the assignee named in the amendment is a secured
party of record. A person remains a secured party of record until the filing of an amendment of
the financing statement which deletes the person.