(1) The security interest is enforceable, even if s. 679.2031(2)(c) has not been satisfied;
(2) Filing is not required to perfect the security interest;
(3) The rights of the secured party after default by the debtor are governed by chapter 672 or chapter 680; and
(4) The security interest has priority over a conflicting security interest created by the debtor.
History.—s. 1, ch. 2001-198.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 679 - Uniform Commercial Code: Secured Transactions
Part I - General Provisions (Ss. 679.1011-679.1101)
679.1021 - Definitions and index of definitions.
679.1031 - Purchase-money security interest; application of payments; burden of establishing.
679.1041 - Control of deposit account.
679.1051 - Control of electronic chattel paper.
679.1061 - Control of investment property.
679.1071 - Control of letter-of-credit right.
679.1081 - Sufficiency of description.
679.1101 - Security interests arising under chapter 672 or chapter 680.