reglab/housing_qa huggingface dataset:
MS Code § 75-9-613 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-613. Contents and form of notification before disposition of collateral: general

 Except in a consumer-goods transaction, the following rules apply:    The contents of a notification of disposition are sufficient if the notification:   Whether the contents of a notification that lacks any of the information specified in paragraph (1) are nevertheless sufficient is a question of fact.   The contents of a notification providing substantially the information specified in paragraph (1) are sufficient, even if the notification includes:   A particular phrasing of the notification is not required.   The following form of notification and the form appearing in Section 75-9-614(3), when completed, each provides sufficient information:  Click to view     Describes the debtor and the secured party;   Describes the collateral that is the subject of the intended disposition;   States the method of intended disposition;   States that the debtor is entitled to an accounting of the unpaid indebtedness and states the charge, if any, for an accounting; and   States the time and place of a public disposition or the time after which any other disposition is to be made.   Information not specified by that paragraph; or   Minor errors that are not seriously misleading.   NOTIFICATION OF DISPOSITION OF COLLATERAL To: [Name of debtor, obligor or other person to which the notification is sent] From: [Name, address and telephone number of secured party] Name of Debtor(s): [Include only if debtor(s) are not an addressee] [For a public disposition:] We will sell (or lease or license, as applicable) the [describe collateral] to the highest qualified bidder in public as follows: Day and Date: Time: Place: [For a private disposition:] We will sell (or lease or license, as applicable), the [describe collateral] privately sometime after [day and date]. You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell (or lease or license, as applicable) (for a charge of $). You may request an accounting by calling us at [telephone number]. [END OF FORM]
MS Code § 75-9-617 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-617. Rights of transferee of collateral

 A secured party's disposition of collateral after default:    Transfers to a transferee for value all of the debtor's rights in the collateral;   Discharges the security interest under which the disposition is made; and   Discharges any subordinate security interest or other subordinate lien.    A transferee that acts in good faith takes free of the rights and interests described in subsection (a), even if the secured party fails to comply with this article or the requirements of any judicial proceeding.   If a transferee does not take free of the rights and interests described in subsection (a), the transferee takes the collateral subject to:   The debtor's rights in the collateral;   The security interest or agricultural lien under which the disposition is made; and   Any other security interest or other lien.
MS Code § 75-9-618 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-618. Rights and duties of certain secondary obligors

 A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor:    Receives an assignment of a secured obligation from the secured party;   Receives a transfer of collateral from the secured party and agrees to accept the rights and assume the duties of the secured party; or   Is subrogated to the rights of a secured party with respect to collateral.    An assignment, transfer, or subrogation described in subsection (a):   Is not a disposition of collateral under Section 75-9-610; and   Relieves the secured party of further duties under this article.
MS Code § 75-9-619 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-619. Transfer of record or legal title

 In this section, "transfer statement" means a record authenticated by a secured party stating:    That the debtor has defaulted in connection with an obligation secured by specified collateral;   That the secured party has exercised its post-default remedies with respect to the collateral;   That, by reason of the exercise, a transferee has acquired the rights of the debtor in the collateral; and   The name and mailing address of the secured party, debtor, and transferee.    A transfer statement entitles the transferee to the transfer of record of all rights of the debtor in the collateral specified in the statement in any official filing, recording, registration, or certificate-of-title system covering the collateral. If a transfer statement is presented with the applicable fee and request form to the official or office responsible for maintaining the system, the official or office shall:   Accept the transfer statement;   Promptly amend its records to reflect the transfer; and   If applicable, issue a new appropriate certificate of title in the name of the transferee.   A transfer of the record or legal title to collateral to a secured party under subsection (b) or otherwise is not of itself a disposition of collateral under this article and does not of itself relieve the secured party of its duties under this article.
MS Code § 75-9-621 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-621. Notification of proposal to accept collateral

 A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to:    Any person from which the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral;   Any other secured party or lienholder that, ten (10) days before the debtor consented to the acceptance, held a security interest in or other lien on the collateral perfected by the filing of a financing statement that:   Any other secured party that, ten (10) days before the debtor consented to the acceptance, held a security interest in the collateral perfected by compliance with a statute, regulation, or treaty described in Section 75-9-311(a).    Identified the collateral;   Was indexed under the debtor's name as of that date; and   Was filed in the office or offices in which to file a financing statement against the debtor covering the collateral as of that date; and   A secured party that desires to accept collateral in partial satisfaction of the obligation it secures shall send its proposal to any secondary obligor in addition to the persons described in subsection (a).
MS Code § 75-9-622 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-622. Effect of acceptance of collateral

 A secured party's acceptance of collateral in full or partial satisfaction of the obligation it secures:    Discharges the obligation to the extent consented to by the debtor;   Transfers to the secured party all of a debtor's rights in the collateral;   Discharges the security interest or agricultural lien that is the subject of the debtor's consent and any subordinate security interest or other subordinate lien; and   Terminates any other subordinate interest.    A subordinate interest is discharged or terminated under subsection (a), even if the secured party fails to comply with this article.
MS Code § 75-9-623 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-623. Right to redeem collateral

 A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.   To redeem collateral, a person shall tender:    Fulfillment of all obligations secured by the collateral then due or past due (excluding any sums that would not be due except for an acceleration provision); and   The reasonable expenses and attorney's fees described in Section 75-9-615(a)(1).   Has accepted collateral in full or partial satisfaction of the obligation it secures under Section 75-9-622.    A redemption may occur at any time before a secured party:   Has collected collateral under Section 75-9-607;   Has disposed of collateral or entered into a contract for its disposition under Section 75-9-610; or
MS Code § 75-9-624 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 1 - Default and Enforcement of Security Interest|§ 75-9-624. Waiver

 A debtor or secondary obligor may waive the right to notification of disposition of collateral under Section 75-9-611 only by an agreement to that effect entered into and authenticated after default.   A debtor may waive the right to require disposition of collateral under Section 75-9-620(e) only by an agreement to that effect entered into and authenticated after default.   Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under Section 75-9-623 only by an agreement to that effect entered into and authenticated after default.
MS Code § 75-9-626 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 2 - Noncompliance With Article|§ 75-9-626. Action in which deficiency or surplus is in issue

 In an action arising from a transaction in which the amount of a deficiency or surplus is in issue, the following rules apply:    A secured party need not prove compliance with the provisions of this part relating to collection, enforcement, disposition, or acceptance unless the debtor or a secondary obligor places the secured party's compliance in issue.   If the secured party's compliance is placed in issue, the secured party has the burden of establishing that the collection, enforcement, disposition, or acceptance was conducted in accordance with this part.   Except as otherwise provided in Section 75-9-628, if a secured party fails to prove that the collection, enforcement, disposition, or acceptance was conducted in accordance with the provisions of this part relating to collection, enforcement, disposition, or acceptance, the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation, expenses, and attorney's fees exceeds the greater of:   For purposes of paragraph (3)(B), the amount of proceeds that would have been realized is equal to the sum of the secured obligation, expenses, and attorney's fees unless the secured party proves that the amount is less than that sum.   If a deficiency or surplus is calculated under Section 75-9-615(f), the debtor or obligor has the burden of establishing that the amount of proceeds of the disposition is significantly below the range of prices that a complying disposition to a person other than the secured party, a person related to the secured party, or a secondary obligor would have brought.    The proceeds of the collection, enforcement, disposition, or acceptance; or   The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with the provisions of this part relating to collection, enforcement, disposition, or acceptance.
MS Code § 75-9-627 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 2 - Noncompliance With Article|§ 75-9-627. Determination of whether conduct was commercially reasonable

 The fact that a greater amount could have been obtained by a collection, enforcement, disposition, or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition, or acceptance was made in a commercially reasonable manner.   A disposition of collateral is made in a commercially reasonable manner if the disposition is made:    In the usual manner on any recognized market;   At the price current in any recognized market at the time of the disposition; or   Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.   By an assignee for the benefit of creditors.    A collection, enforcement, disposition, or acceptance is commercially reasonable if it has been approved:   In a judicial proceeding;   By a bona fide creditors' committee;   By a representative of creditors; or   Approval under subsection (c) need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition, or acceptance is not commercially reasonable.
MS Code § 75-9-628 (2020)
2020 Mississippi Code|Title 75 - Regulation of Trade, Commerce and Investments|Chapter 9 - Uniform Commercial Code-Secured Transactions|Part 6 - . Default|Subpart 2 - Noncompliance With Article|§ 75-9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor

 Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:    The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this article; and   The secured party's failure to comply with this article does not affect the liability of the person for a deficiency.    A secured party is not liable because of its status as secured party:   To a person that is a debtor or obligor, unless the secured party knows:   That the person is a debtor or obligor;   The identity of the person; and   How to communicate with the person; or   To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:   That the person is a debtor; and   The identity of the person.   A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:   A debtor's representation concerning the purpose for which collateral was to be used, acquired, or held; or   An obligor's representation concerning the purpose for which a secured obligation was incurred.   A secured party is not liable to any person under Section 75-9-625(c)(2) for its failure to comply with Section 75-9-616.   A secured party is not liable under Section 75-9-625(c)(2) more than once with respect to any one (1) secured obligation.
MS Code § 77-3-101 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|General Provisions|§ 77-3-101. Legislative determinations and declarations of policy

 The Legislature finds, determines and declares the following to be in the public interest and the policy of the State of Mississippi:   To promote and foster the prudent, timely expansion and construction of, and long-term availability of, adequate and appropriate levels of electric generation by electric public utilities, as described in Section 77-3-3(d) (i), with diversity as to the means of such generation and as to the sources of fuel for such generation, including nuclear fuel, coal and other reliable fuel sources;   That such availability is essential to the orderly and effective operation of a reliable electric system in this state and will be vital to economic stability and growth within the State of Mississippi and to the public interest, and that the generation and related operations of electric public utilities are affected with the public interest;   That new base load electric generating technologies are and will continue to be important in the planning and development of public utility electric generation, and that the State should take advantage of advances in nuclear, coal and other technologies, including technologies that reduce or minimize, or that facilitate the future reduction or minimization of, regulated air emissions;   To take advantage of financial and other incentives afforded and provided by the federal Energy Policy Act of 2005 for the construction of certain electric generating facilities and any federal or state legislative or other incentives that may from time to time become available and to require that all such incentives be utilized for the benefit of such generating facilities;   To promote and foster economic development; and   To promote and foster the State of Mississippi's energy independence by encouraging the development and utilization of fuel sources derived from the State of Mississippi's natural resources.
MS Code § 77-3-103 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|General Provisions|§ 77-3-103. Definitions

 As used in this article:   The term "generating facility" means a new electric public utility base load generating facility located in the State of Mississippi having, or potentially having, base load-serving characteristics and incorporating such generating technologies or fuel sources as may be approved by the commission, including equipment or facilities relating thereto such as related, connected or necessary electric transmission facilities, and:   Having, or planned or projected to have, an aggregate design capability, based upon manufacturer name plate rating or other appropriate rating as the commission may approve, of generating three hundred (300) megawatts or greater of electric power for a coal gasification or clean coal facility and eight hundred (800) megawatts or greater of electric power for a nuclear facility;   That, in whole or in part, is owned or controlled, or is planned or projected to be owned or controlled, by, or under common control with, an electric public utility certificated to operate as such by the commission with a certificated electric service area located within the State of Mississippi;   That is intended, in whole or in part, to serve retail customers of an electric public utility in Mississippi;   That utilizes technology to reduce or minimize, or to facilitate the future implementation of processes for the reduction or minimization of regulated air emissions; and   That may, but shall not be required to, be located at an existing generating facility site.   The term "pre-construction" means any and all activities or costs relating to planning, evaluation, screening, licensing, siting, design, development or other similar activities prior to the construction of a generating facility.
MS Code § 77-3-107 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|General Provisions|§ 77-3-107. Rules and regulations; preference for ownership of generating facilities by certain electric public utilities

 The commission is fully empowered and authorized to promulgate rules and regulations as may be necessary to effectuate the provisions of this article, which may include a preference for ownership, in whole or in part, of a generating facility by an investor-owned electric public utility operating in the State of Mississippi or by an electric public utility owning and operating generation and transmission facilities in the State of Mississippi that, prior to January 1, 2008, was organized under Chapter 184, Laws of 1936 [See Editor's Note below], and was comprised of corporate members each of which is an electric power association under Chapter 184.
MS Code § 77-3-109 (2020)
2020 Mississippi Code|Title 77 - Public Utilities and Carriers|Chapter 3 - Regulation of Public Utilities|Article 2 - Alternate Method of Cost Recovery on Certain Base Load Generation|General Provisions|§ 77-3-109. Legislative Advisory Board on Alternate Method of Cost Recovery on Base Load Generation; purpose; composition

 There is hereby created the Legislative Advisory Board on Alternate Method of Cost Recovery on Base Load Generation for the purpose of advising the Public Service Commission in the performance of its duties and to require the commission to make a written report to the advisory board every six (6) months regarding any activities pertaining to base load generation. The advisory board shall be composed of the following:   The Chairman and Vice Chairman of the House Public Utilities Committee, or their designees;   The Chairman and Vice Chairman of the Senate Public Utilities Committee, or their designees;   The Chairman of the House of Representatives Appropriations Committee, or his designee;   The Chairman of the Senate Appropriations Committee, or his designee;   The Chairman of the House of Representatives Ways and Means Committee, or his designee; and   The Chairman of the Senate Finance Committee, or his designee.   Members of the advisory board shall receive per diem and expenses which shall be paid from the contingent expense funds of their respective houses in the same amounts as provided for committee meetings when the Legislature is not in session; however, no per diem and expenses for attending meetings of the advisory board shall be paid to legislative members while the Legislature is in session.