Mississippi Code Title 75. Regulation of Trade, Commerce and Investments § 75-9-302

(1) A financing statement must be filed to perfect all security interests except the following:

(2) If a secured party assigns a perfected security interest, no filing under this chapter is required in order to continue the perfected status of the security interest against creditors of and transferees from the original debtor.

(3) The filing of a financing statement otherwise required by this chapter is not necessary or effective to perfect a security interest in property subject to

(4) Compliance with a statute or treaty described in subsection (3) is equivalent to the filing of a financing statement under this chapter, and a security interest in property subject to the statute or treaty can be perfected only by compliance therewith except as provided in Section 75-9-103 on multiple state transactions. Duration and renewal of perfection of a security interest perfected by compliance with the statute or treaty are governed by the provisions of the statute or treaty; in other respects the security interest is subject to this chapter.

(5) The filing of a financing statement pursuant to this chapter, whether before or after the effective date of this provision, is the exclusive method of perfecting a security interest in instruments evidencing student loans, including loans that are insured by the United States Secretary of Education under 20 U.S.C.A. 1071 et seq., as amended, or by a state or nonprofit private institution or organization with which the United States Secretary of Education has an agreement under 20 U.S.C.A. 1078(b), as amended; in other respects such security interest is subject to this chapter as if such security interest were a security interest in general intangibles. The provisions of this chapter providing for security interests prevail over the possession, negotiation and assignment provisions of Chapter 3 of this title as each provision affects the rights of a secured party in instruments evidencing student loans, and the rights of a secured party in instruments evidencing student loans perfected in accordance with this subsection are prior to the rights of a holder, owner or transferee of any instrument evidencing the right to receive payment under student loans.