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Mississippi Contracts Agreements
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Sales Agreement - Equipment - Free Editor

EQUIPMENT PURCHASE AND SALE AGREEMENT

Governed by Mississippi UCC Article 2 (Miss. Code Ann. Section 75-2-101 et seq.).

KEY PROVISIONS

  • Late Payment: 8% per annum statutory rate (Miss. Code Ann. Section 75-17-1)
  • Risk of Loss: Miss. Code Ann. Section 75-2-509
  • Inspection/Rejection: Miss. Code Ann. Sections 75-2-513, 75-2-601, 75-2-602
  • Warranties: Miss. Code Ann. Sections 75-2-314, 75-2-315, 75-2-316
  • Remedies: Miss. Code Ann. Sections 75-2-706, 75-2-712, 75-2-718, 75-2-719
  • Trade Secrets: Mississippi UTSA (Miss. Code Ann. Section 75-26-1 et seq.)
  • E-Signatures: Mississippi UETA (Miss. Code Ann. Section 75-12-1 et seq.)
  • Forum: Circuit Court for Hinds County or Harrison County

EXECUTION

☐ All placeholders completed ☐ Mississippi-licensed counsel review

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Sales Agreement - Equipment

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