1 Miss. Code. R. 4-2.4

Current through October 31, 2024
Rule 1-4-2.4 - Buyer in the ordinary course of business

"Buyer in the ordinary course of business" means a person or entity who buys goods, including farm products, In good faith, without knowledge that the sale violates the rights of another person in the goods, and in the ordinary- course of business from a person or entity in the business of selling goods of that kind. This definition also incorporates "buyer in the ordinary course of business" as defined in Mississippi Code § 75-1-201(9) and shall not be in conflict with the Food Security Act of 1g85, 7 U.S.C. § 1631.

1 Miss. Code. R. 4-2.4

Section 75-9-101 et seq. Mississippi Code of 1972 as amended.
Amended 5/7/2017