Policy Statement

Policy Statement. The duties and responsibilities of the Mississippi Secretary of State with respect to the administration of the UCC are ministerial. In accepting for filing or refusing to file a UCC document pursuant to these rules, the filing officer does none of the following: A. Determine the legal sufficiency of a document. B. Determine that a security interest in collateral exists or does not exist. C. Determine that information in the document is correct or incorrect, in whole or in part. D. Create a presumption that information in the document is correct or incorrect, in whole or in part except as authorized by section 75–9–501.1 of the Mississippi Code of 1972 as amended.