79-11-111 - Effective date of filed documents. - Mississippi Statutes

§ 79-11-111. Effective date of filed documents.
 

(1)  Except as provided in subsection (2) of this section, a document is effective: 

(a) At the date and time of filing, as evidenced by such means as the Secretary of State may use for the purpose of recording the date and time of filing; or 

(b) At the time specified in the document as its effective time on the date it is filed. 

(2)  A document may specify a delayed effective time and date, and if it does so, the document becomes effective at the time and date specified. If a delayed effective date but no time is specified, the document is effective at the close of business on that date. A delayed effective date for a document may not be later than the ninetieth day after the date filed. 

(3)  Notwithstanding subsections (1) and (2) of this section, any document that has a delayed effective time and date shall not become effective if, prior to the effective time and date, the parties to the document file a certification of cancellation with the Secretary of State. 
 

Sources: Laws,  1987, ch. 485, § 6; Laws, 1994, ch. 417, § 4; Laws,  1997, ch. 418, § 43, eff from and after July 1, 1997.