reglab/housing_qa huggingface dataset:
MS Code § 75-2A-527 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-527. Lessor's rights to dispose of goods

  After a default by a lessee under the lease contract of the type described in Section 75-2A-523(1) or 75-2A-523(3)(a) or after the lessor refuses to deliver or takes possession of goods (Section 75-2A-525 or 75-2A-526), or, if agreed, after other default by a lessee, the lessor may dispose of the goods concerned or the undelivered balance thereof by lease, sale or otherwise.   Except as otherwise provided with respect to damages liquidated in the lease agreement (Section 75-2A-504) or otherwise determined pursuant to agreement of the parties (Sections 75-1-302 and 75-2A-503), if the disposition is by lease agreement substantially similar to the original lease agreement and the new lease agreement is made in good faith and in a commercially reasonable manner, the lessor may recover from the lessee as damages (i) accrued and unpaid rent as of the date of the commencement of the term of the new lease agreement, (ii) the present value, as of the same date, of the total rent for the then remaining lease term of the original lease agreement minus the present value, as of the same date, of the rent under the new lease agreement applicable to that period of the new lease term which is comparable to the then remaining term of the original lease agreement, and (iii) any incidental damages allowed under Section 75-2A-530, less expenses saved in consequence of the lessee's default.   If the lessor's disposition is by lease agreement that for any reason does not qualify for treatment under subsection (2), or is by sale or otherwise, the lessor may recover from the lessee as if the lessor had elected not to dispose of the goods and Section 75-2A-528 governs.   A subsequent buyer or lessee who buys or leases from the lessor in good faith for value as a result of a disposition under this section takes the goods free of the original lease contract and any rights of the original lessee even though the lessor fails to comply with one or more of the requirements of this chapter.   The lessor is not accountable to the lessee for any profit made on any disposition. A lessee who has rightfully rejected or justifiably revoked acceptance shall account to the lessor for any excess over the amount of the lessee's security interest (Section 75-2A-508(5)).
MS Code § 75-2A-528 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-528. Lessor's damages for nonacceptance, failure to pay, repudiation or other default

  Except as otherwise provided with respect to damages liquidated in the lease agreement (Section 75-2A-504) or otherwise determined pursuant to agreement of the parties (Sections 75-1-302 and 75-2A-503), if a lessor elects to retain the goods or a lessor elects to dispose of the goods and the disposition is by lease agreement that for any reason does not qualify for treatment under Section 75-2A-527(2), or is by sale or otherwise, the lessor may recover from the lessee as damages for a default of the type described in Section 75-2A-523(1) or 75-2A-523(3)(a), or, if agreed, for other default of the lessee, (i) accrued and unpaid rent as of the date of default if the lessee has never taken possession of the goods, or, if the lessee has taken possession of the goods, as of the date the lessor repossesses the goods or an earlier date on which the lessee makes a tender of the goods to the lessor, (ii) the present value as of the date determined under clause (i) of the total rent for the then remaining lease term of the original lease agreement minus the present value as of the same date of the market rent at the place where the goods are located computed for the same lease term, and (iii) any incidental damages allowed under Section 75-2A-530, less expenses saved in consequence of the lessee's default.   If the measure of damages provided in subsection (1) is inadequate to put a lessor in as good a position as performance would have, the measure of damages is the present value of the profit, including reasonable overhead, the lessor would have made from full performance by the lessee, together with any incidental damages allowed under Section 75-2A-530, due allowance for costs reasonably incurred and due credit for payments or proceeds of disposition.
MS Code § 75-2A-529 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-529. Lessor's action for the rent

  After default by the lessee under the lease contract of the type described in Section 75-2A-523(1) or 75-2A-523(3)(a) or, if agreed, after other default by the lessee, if the lessor complies with subsection (2), the lessor may recover from the lessee as damages:   For goods accepted by the lessee and not repossessed by or tendered to the lessor, and for conforming goods lost or damaged within a commercially reasonable time after risk of loss passes to the lessee (Section 75-2A-219), (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under Section 75-2A-530, less expenses saved in consequence of the lessee's default; and   For goods identified to the lease contract if the lessor is unable after reasonable effort to dispose of them at a reasonable price or the circumstances reasonably indicate that effort will be unavailing, (i) accrued and unpaid rent as of the date of entry of judgment in favor of the lessor, (ii) the present value as of the same date of the rent for the then remaining lease term of the lease agreement, and (iii) any incidental damages allowed under Section 75-2A-530, less expenses saved in consequence of the lessee's default.     Except as provided in subsection (3), the lessor shall hold for the lessee for the remaining lease term of the lease agreement any goods that have been identified to the lease contract and are in the lessor's control.   The lessor may dispose of the goods at any time before collection of the judgment for damages obtained pursuant to subsection (1). If the disposition is before the end of the remaining lease term of the lease agreement, the lessor's recovery against the lessee for damages is governed by Section 75-2A-527 or Section 75-2A-528, and the lessor will cause an appropriate credit to be provided against a judgment for damages to the extent that the amount of the judgment exceeds the recovery available pursuant to Section 75-2A-527 or 75-2A-528.   Payment of the judgment for damages obtained pursuant to subsection (1) entitles the lessee to the use and possession of the goods not then disposed of for the remaining lease term of and in accordance with the lease agreement.   After a lessee has wrongfully rejected or revoked acceptance of goods, has failed to pay rent then due, or has repudiated (Section 75-2A-402), a lessor who is held not entitled to rent under this section must nevertheless be awarded damages for nonacceptance under Sections 75-2A-527 and 75-2A-528.
MS Code § 75-2A-530 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-530. Lessor's incidental damages

 Incidental damages to an aggrieved lessor include any commercially reasonable charges, expenses, or commissions incurred in stopping delivery, in the transportation, care and custody of goods after the lessee's default, in connection with return or disposition of the goods, or otherwise resulting from the default.
MS Code § 75-2A-531 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-531. Standing to sue third parties for injury to goods

  If a third party so deals with goods that have been identified to a lease contract as to cause actionable injury to a party to the lease contract (a) the lessor has a right of action against the third party, and (b) the lessee also has a right of action against the third party if the lessee:   If at the time of the injury the party plaintiff did not bear the risk of loss as against the other party to the lease contract and there is no arrangement between them for disposition of the recovery, his suit or settlement, subject to his own interest, is as a fiduciary for the other party to the lease contract.   Either party with the consent of the other may sue for the benefit of whom it may concern.    Has a security interest in the goods;   Has an insurable interest in the goods; or   Bears the risk of loss under the lease contract or has since the injury assumed that risk as against the lessor and the goods have been converted or destroyed.
MS Code § 75-2A-532 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 2A - Uniform Commercial Code - Leases|Part 5 - . Default|Subpart C - Default by Lessee|§ 75-2A-532. Lessor's rights to residual interest

 In addition to any other recovery permitted by this chapter or other law, the lessor may recover from the lessee an amount that will fully compensate the lessor for any loss of or damage to the lessor's residual interest in the goods caused by the default of the lessee.
MS Code § 75-9-101 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-101. Short title

 This article may be cited as Uniform Commercial Code - Secured Transactions.
MS Code § 75-9-103A (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-103A. "Production-money crops"; "production-money obligation"; production-money security interest; burden of establishing

 A security interest in crops is a production-money security interest to the extent that the crops are production-money crops.   If the extent to which a security interest is a production-money security interest depends on the application of a payment to a particular obligation, the payment must be applied:    In accordance with any reasonable method of application to which the parties agree;   In the absence of the parties' agreement to a reasonable method, in accordance with any intention of the obligor manifested at or before the time of payment; or   In the absence of an agreement to a reasonable method and a timely manifestation of the obligor's intention, in the following order:    To obligations that are not secured; and   If more than one (1) obligation is secured, to obligations secured by production-money security interests in the order in which those obligations were incurred.   A production-money security interest does not lose its status as such, even if:   The production-money crops also secure an obligation that is not a production-money obligation;   Collateral that is not production-money crops also secures the production-money obligation; or   The production-money obligation has been renewed, refinanced, or restructured.   A secured party claiming a production-money security interest has the burden of establishing the extent to which the security interest is a production-money security interest.
MS Code § 75-9-104 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-104. Control of deposit account

 A secured party has control of a deposit account if:    The secured party is the bank with which the deposit account is maintained;   The debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor; or   The secured party becomes the bank's customer with respect to the deposit account.    A secured party that has satisfied subsection (a) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.
MS Code § 75-9-105 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-105. Control of electronic chattel paper

 A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chattel paper was assigned.   A system satisfies subsection (a) if the record or records comprising the chattel paper are created, stored, and assigned in such a manner that:    A single authoritative copy of the record or records exists which is unique, identifiable and, except as otherwise provided in paragraphs (4), (5), and (6), unalterable;   The authoritative copy identifies the secured party as the assignee of the record or records;   The authoritative copy is communicated to and maintained by the secured party or its designated custodian;   Copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the secured party;   Each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy that is not the authoritative copy; and   Any amendment of the authoritative copy is readily identifiable as authorized or unauthorized.
MS Code § 75-9-106 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-106. Control of investment property

 A person has control of a certificated security, uncertificated security, or security entitlement as provided in Section 75-8-106.   A secured party has control of a commodity contract if:    The secured party is the commodity intermediary with which the commodity contract is carried; or   The commodity customer, secured party, and commodity intermediary have agreed that the commodity intermediary will apply any value distributed on account of the commodity contract as directed by the secured party without further consent by the commodity customer.    A secured party having control of all security entitlements or commodity contracts carried in a securities account or commodity account has control over the securities account or commodity account.
MS Code § 75-9-107 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-107. Control of letter-of-credit right

 A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under Section 75-5-114(c) or otherwise applicable law or practice.
MS Code § 75-9-108 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 1 - Short Title, Definitions, and General Concepts|§ 75-9-108. Sufficiency of description

 Except as otherwise provided in subsections (c), (d), and (e), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.   Except as otherwise provided in subsection (d), a description of collateral reasonably identifies the collateral if it identifies the collateral by:    Specific listing;   Category;   Except as otherwise provided in subsection (e), a type of collateral defined in the Uniform Commercial Code;   Quantity;   Computational or allocational formula or procedure; or   Except as otherwise provided in subsection (c), any other method, if the identity of the collateral is objectively determinable.    A description of collateral as "all the debtor's assets" or "all the debtor's personal property" or using words of similar import does not reasonably identify the collateral.   Except as otherwise provided in subsection (e), a description of a security entitlement, securities account, or commodity account is sufficient if it describes:   The collateral by those terms or as investment property; or   The underlying financial asset or commodity contract.   A description only by type of collateral defined in the Uniform Commercial Code is an insufficient description of:   A commercial tort claim; or   In a consumer transaction, consumer goods, a security entitlement, a securities account, or a commodity account.
MS Code § 75-9-110 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 1 - . General Provisions|Subpart 2 - Applicability of Article|§ 75-9-110. Security interests arising under Article 2 or 2A

 A security interest arising under Section 75-2-401, 75-2-505, 75-2-711(3), or 75-2A-508(5) is subject to this article. However, until the debtor obtains possession of the goods:    The security interest is enforceable, even if Section 75-9-203(b)(3) has not been satisfied;   Filing is not required to perfect the security interest;   The rights of the secured party after default by the debtor are governed by Article 2 or 2A; and   The security interest has priority over a conflicting security interest created by the debtor.
MS Code § 75-9-201 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 2 - . Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement|Subpart 1 - Effectiveness and Attachment|§ 75-9-201. General effectiveness of security agreement

 Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.   A transaction subject to this article is subject to any applicable rule of law which establishes a different rule for consumers and to Sections 75-67-101 through 75-67-135, Sections 75-67-201 through 75-67-243, Sections 75-67-1 through 75-67-39, Sections 63-19-1 through 63-19-55 and to any other statute or regulation of this state that regulates the rates, charges, agreements, and practices for loans, credit sales, or other extensions of credit, and to any consumer-protection statute or regulation of this state.   In case of conflict between this article and a rule of law, statute, or regulation described in subsection (b), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.   This article does not:    Validate any rate, charge, agreement, or practice that violates a rule of law, statute or regulation described in subsection (b); or   Extend the application of the rule of law, statute or regulation to a transaction not otherwise subject to it.
MS Code § 75-9-202 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 2 - . Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement|Subpart 1 - Effectiveness and Attachment|§ 75-9-202. Title to collateral immaterial

 Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.
MS Code § 75-9-204 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 2 - . Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement|Subpart 1 - Effectiveness and Attachment|§ 75-9-204. After-acquired property; future advances

 Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral.   A security interest does not attach under a term constituting an after-acquired property clause to:    Consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within ten (10) days after the secured party gives value; or   A commercial tort claim.    A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment.
MS Code § 75-9-205 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 2 - . Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement|Subpart 1 - Effectiveness and Attachment|§ 75-9-205. Use or disposition of collateral permissible

 A security interest is not invalid or fraudulent against creditors solely because:    The debtor has the right or ability to:   The secured party fails to require the debtor to account for proceeds or replace collateral.    Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;   Collect, compromise, enforce, or otherwise deal with collateral;   Accept the return of collateral or make repossessions; or   Use, commingle, or dispose of proceeds; or   This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.