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MISSISSIPPI STATUTES AND CODES

87-5-11 - Bona fide purchasers and encumbrancers protected.

§ 87-5-11. Bona fide purchasers and encumbrancers protected.
 

If such judgment or decree as is referred to in Section 87-5-9 shall appear to be satisfied, either on the judgment-roll, execution docket, or other record, property conveyed or encumbered thereafter by the principal debtor or sureties to any one for a valuable consideration, without notice of the fact that it was paid and satisfied by a surety, shall not be liable to such judgment or decree, unless at the time the property was conveyed or encumbranced, the record which showed the satisfaction of the judgment or decree, shall also show the fact that it was paid and satisfied by a surety, and the name of such surety. 
 

Sources: Codes, 1892, § 3280; 1906, § 3736; Hemingway's 1917, § 2912; 1930, § 2962; 1942, § 258.
 

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