Florida Statutes
Title XXXIX - Commercial Relations

Chapter 668 - Electronic Commerce

Part I - Electronic Signatures (Ss. 668.001-668.006)

668.001 - Short title. - History.—s. 1, ch. 96-224. Note.—Former s. 282.70.

668.002 - Legislative intent. - (1) Facilitate economic development and efficient delivery of government services...

668.003 - Definitions. - (1) “Certificate” means a computer-based record which: (a) Identifies the...

668.004 - Force and effect of electronic signature. - History.—s. 5, ch. 96-224. Note.—Former s. 282.73.

668.006 - Control procedures. - History.—s. 7, ch. 96-224. Note.—Former s. 282.75.

Part II - Uniform Electronic Transaction Act (S. 668.50)

668.50 - Uniform Electronic Transaction Act. - (1) SHORT TITLE.—This section may be cited as the “Uniform...

Part III - Electronic Mail Communications (Ss. 668.60-668.610)

668.60 - Short title; application. - History.—s. 1, ch. 2004-233.

668.601 - Legislative intent. - History.—s. 1, ch. 2004-233.

668.602 - Definitions. - (1) “Affirmative consent” means that the recipient of electronic mail...

668.603 - Prohibited activity. - (1) Initiate or assist in the transmission of an unsolicited...

668.604 - Blocking of commercial electronic mail by interactive computer service. - (1) Require a provider of Internet access service to block,...

668.605 - Confidentiality of intelligence or investigation information. - History.—s. 1, ch. 2004-233.

668.606 - Civil remedies; service provider immunity. - (1) The department may bring an action for damages or...

668.6075 - Unfair and deceptive trade practices. - History.—s. 1, ch. 2004-233; s. 3, ch. 2006-232.

668.6076 - Public records status of e-mail addresses; agency website notice. - Under Florida law, e-mail addresses are public records. If you...

668.608 - Criminal violations. - (1) Except as provided in subsection (2), any person who...

668.610 - Cumulative remedies. - History.—s. 1, ch. 2004-233; s. 3, ch. 2006-232. Note.—Former s....

Part IV - Fraudulent Use or Possession of Identifying Information (Ss. 668.701-668.705)

668.701 - Short title. - History.—s. 5, ch. 2006-232.

668.702 - Definitions. - (1) “Department” means the Department of Legal Affairs. (2) “Electronic...

668.703 - Prohibited acts. - (1) A person with an intent to engage in conduct...

668.704 - Remedies. - (1) The following persons may bring a civil action against...

668.705 - Exemptions. - (1) This part does not apply to a telecommunications provider’s...

Part V - Computer Abuse and Data Recovery Act (Ss. 668.801-668.805)

668.801 - Purpose. - (1) Safeguard an owner, operator, or lessee of a protected...

668.802 - Definitions. - (1) “Authorized user” means a director, officer, employee, third-party agent,...

668.803 - Prohibited acts. - (1) Obtains information from a protected computer without authorization and,...

668.804 - Remedies. - (1) A person who brings a civil action for a...

668.805 - Exclusions. - History.—s. 6, ch. 2015-14.

Chapter 670 - Uniform Commercial Code: Funds Transfers

Part I - Subject Matter and Definitions (Ss. 670.101-670.108)

670.101 - Short title. - History.—s. 1, ch. 91-70.

670.102 - Subject matter. - History.—s. 1, ch. 91-70.

670.103 - Payment order: definitions. - (1) In this chapter, the term: (a) “Beneficiary” means the...

670.104 - Funds transfer: definitions. - (1) “Funds transfer” means the series of transactions, beginning with...

670.105 - Other definitions. - (1) In this chapter, the term: (a) “Authorized account” means...

670.106 - Time payment order is received. - (1) The time of receipt of a payment order or...

670.107 - Federal Reserve regulations and operating circulars. - History.—s. 1, ch. 91-70.

670.108 - Relationship to Electronic Fund Transfer Act. - (1) Except as provided in subsection (2), this chapter does...

Part II - Issue and Acceptance of Payment Order (Ss. 670.201-670.212)

670.201 - Security procedure. - (1) Verifying that a payment order or communication amending or...

670.202 - Authorized and verified payment orders. - (1) A payment order received by the receiving bank is...

670.203 - Unenforceability of certain verified payment orders. - (1) If an accepted payment order is not, under s....

670.204 - Refund of payment and duty of customer to report with respect to unauthorized payment order. - (1) If a receiving bank accepts a payment order issued...

670.205 - Erroneous payment orders. - (1) If an accepted payment order was transmitted pursuant to...

670.206 - Transmission of payment order through funds-transfer system or other communication system. - (1) If a payment order addressed to a receiving bank...

670.207 - Misdescription of beneficiary. - (1) Subject to subsection (2), if, in a payment order...

670.208 - Misdescription of intermediary bank or beneficiary’s bank. - (1) This subsection applies to a payment order identifying an...

670.209 - Acceptance of payment order. - (1) Subject to subsection (4), a receiving bank other than...

670.21 - Rejection of payment order. - (1) A payment order is rejected by the receiving bank...

670.211 - Cancellation and amendment of payment order. - (1) A communication of the sender of a payment order...

670.212 - Liability and duty of receiving bank regarding unaccepted payment order. - History.—s. 1, ch. 91-70.

Part III - Execution of Sender’s Payment Order by Receiving Bank (Ss. 670.301-670.305)

670.301 - Execution and execution date. - (1) A payment order is “executed” by the receiving bank...

670.302 - Obligations of receiving bank in execution of payment order. - (1) Except as provided in subsections (2)-(4), if the receiving...

670.303 - Erroneous execution of payment order. - (1) A receiving bank that executes the payment order of...

670.304 - Duty of sender to report erroneously executed payment order. - History.—s. 1, ch. 91-70.

670.305 - Liability for late or improper execution or failure to execute payment order. - (1) If a funds transfer is completed but execution of...

Part IV - Payment (Ss. 670.401-670.406)

670.401 - Payment date. - History.—s. 1, ch. 91-70.

670.402 - Obligation of sender to pay receiving bank. - (1) This section is subject to ss. 670.205 and 670.207....

670.403 - Payment by sender to receiving bank. - (1) Payment of the sender’s obligation under s. 670.402 to...

670.404 - Obligation of beneficiary’s bank to pay and give notice to beneficiary. - (1) Subject to ss. 670.211(5) and 670.405(4) and (5), if...

670.405 - Payment by beneficiary’s bank to beneficiary. - (1) If the beneficiary’s bank credits an account of the...

670.406 - Payment by originator to beneficiary; discharge of underlying obligation. - (1) Subject to ss. 670.211(5) and 670.405(4) and (5), the...

Part V - Miscellaneous Provisions (Ss. 670.501-670.507)

670.501 - Variation by agreement and effect of funds-transfer system rule. - (1) Except as otherwise provided in this chapter, the rights...

670.502 - Creditor process served on receiving bank; set-off by beneficiary’s bank. - (1) As used in this section, the term “creditor process”...

670.503 - Injunction or restraining order with respect to funds transfer. - (1) A person from issuing a payment order to initiate...

670.504 - Order in which items and payment orders may be charged to account; order of withdrawals from account. - (1) If a receiving bank has received more than one...

670.505 - Preclusion of objection to debit of customer’s account. - History.—s. 1, ch. 91-70.

670.506 - Rate of interest. - (1) If, under this chapter, a receiving bank is obliged...

670.507 - Choice of law. - (1) The following rules apply unless the affected parties otherwise...

Chapter 671 - Uniform Commercial Code: General Provisions

Part I - Short Title, Construction, Application, and Subject Matter (Ss. 671.101-671.109)

671.101 - Short title; scope of chapter. - (1) Chapters 670-680 may be cited as the “Uniform Commercial...

671.102 - Purposes; rules of construction; variation by agreement. - (1) This code shall be liberally construed and applied to...

671.103 - Supplementary general principles of law applicable. - History.—s. 1, ch. 65-254. Note.—s. 1-103, U.C.C.; supersedes ss. 678.52,...

671.104 - Construction against implicit repeal. - History.—s. 1, ch. 65-254. Note.—s. 1-104, U.C.C.

671.105 - Territorial application of the code; parties’ power to choose applicable law. - (1) Except as provided in this section, when a transaction...

671.106 - Remedies to be liberally administered. - (1) The remedies provided by this code must be liberally...

671.107 - Waiver or renunciation of claim or right after breach. - History.—s. 1, ch. 65-254; s. 7, ch. 2007-134. Note.—s. 1-107,...

671.108 - Severability. - History.—s. 1, ch. 65-254. Note.—s. 1-108, U.C.C.

671.109 - Section captions. - History.—s. 1, ch. 65-254. Note.—s. 1-109, U.C.C.

Part II - General Definitions and Principles of Interpretation (Ss. 671.201-671.213)

671.201 - General definitions. - (1) “Action,” in the sense of a judicial proceeding, includes...

671.202 - Prima facie evidence by third-party documents. - History.—s. 1, ch. 65-254; s. 9, ch. 2007-134. Note.—s. 1-202,...

671.203 - Obligation of good faith. - History.—s. 1, ch. 65-254; s. 10, ch. 2007-134. Note.—s. 1-203,...

671.204 - Actions taken within reasonable time; seasonably. - (1) Whether a time for taking an action required by...

671.205 - Course of performance; course of dealing; usage of trade. - (1) A “course of performance” is a sequence of conduct...

671.207 - Performance or acceptance under reservation of rights. - (1) A party who, with explicit reservation of rights, performs...

671.208 - Option to accelerate at will. - History.—s. 1, ch. 65-254; s. 555, ch. 97-102; s. 14,...

671.209 - Notice; knowledge. - (1) Subject to subsection (6), a person has “notice” of...

671.21 - Presumptions. - History.—s. 16, ch. 2007-134.

671.211 - Value. - (1) In return for a binding commitment to extend credit...

671.212 - Relation to Electronic Signatures in Global and National Commerce Act. - History.—s. 18, ch. 2007-134.

671.213 - Subordinated obligations. - History.—s. 19, ch. 2007-134.

Part III - Effective Date and Repealer (Ss. 671.301-671.311)

671.301 - Effective date; provision for transition; preservation of old transition provision. - (1) This act shall take effect at 12:01 a.m. on...

671.304 - Laws not repealed; precedence where code provisions in conflict with other laws; certain statutory remedies retained. - (1) The article on documents of title (Art. 7) does...

671.308 - Transition provisions on place of filing. - (1) A financing statement or continuation statement filed prior to...

671.309 - Required refilings. - (1) If a security interest is perfected or has priority...

671.31 - Transition provisions as to priorities. - History.—s. 39, ch. 79-398; s. 6, ch. 90-278. Note.—Former s....

671.311 - Presumption that rule of law continues unchanged. - History.—s. 40, ch. 79-398; s. 6, ch. 90-278. Note.—Former s....

Chapter 672 - Uniform Commercial Code: Sales

Part I - Short Title, General Construction, and Subject Matter (Ss. 672.101-672.107)

672.101 - Short title. - History.—s. 1, ch. 65-254. Note.—s. 2-101, U.C.C.

672.102 - Scope; certain security and other transactions excluded from this chapter. - History.—s. 1, ch. 65-254. Note.—s. 2-102, U.C.C.

672.103 - Definitions and index of definitions. - (1) In this chapter unless the context otherwise requires: (a)...

672.104 - Definitions: “merchant”; “between merchants”; “financing agency.” - (1) “Merchant” means a person who deals in goods of...

672.105 - Definitions: transferability; “goods”; “future” goods; “lot”; “commercial unit.” - (1) “Goods” means all things (including specially manufactured goods) which...

672.106 - Definitions: “contract”; “agreement”; “contract for sale”; “sale”; “present sale”; “conforming” to contract; “termination”; “cancellation.” - (1) In this chapter unless the context otherwise requires “contract”...

672.107 - Goods to be severed from realty; recording. - (1) A contract for the sale of minerals or the...

Part II - Form, Formation, and Readjustment of Contract (Ss. 672.201-672.210)

672.201 - Formal requirements; statute of frauds. - (1) Except as otherwise provided in this section a contract...

672.202 - Final written expression; parol or extrinsic evidence. - (1) By course of dealing or usage of trade (s....

672.203 - Seals inoperative. - History.—s. 1, ch. 65-254. Note.—s. 2-203, U.C.C.

672.204 - Formation in general. - (1) A contract for sale of goods may be made...

672.205 - Firm offers. - History.—s. 1, ch. 65-254. Note.—s. 2-205, U.C.C.

672.206 - Offer and acceptance in formation of contract. - (1) Unless otherwise unambiguously indicated by the language or circumstances:...

672.207 - Additional terms in acceptance or confirmation. - (1) A definite and seasonable expression of acceptance or a...

672.208 - Course of performance or practical construction. - (1) Where the contract for sale involves repeated occasions for...

672.209 - Modification, rescission, and waiver. - (1) An agreement modifying a contract within this chapter needs...

672.210 - Delegation of performance; assignment of rights. - (1) A party may perform her or his duty through...

Part III - General Obligation and Construction of Contract (Ss. 672.301-672.328)

672.301 - General obligations of parties. - History.—s. 1, ch. 65-254. Note.—s. 2-301, U.C.C.

672.302 - Unconscionable contract or clause. - (1) If the court as a matter of law finds...

672.303 - Allocation or division of risks. - History.—s. 1, ch. 65-254. Note.—s. 2-303, U.C.C.

672.304 - Price payable in money, goods, realty, or otherwise. - (1) The price can be made payable in money or...

672.305 - Open price term. - (1) The parties if they so intend can conclude a...

672.306 - Output, requirements, and exclusive dealings. - (1) A term which measures the quantity by the output...

672.307 - Delivery in single lot or several lots. - History.—s. 1, ch. 65-254. Note.—s. 2-307, U.C.C.

672.308 - Absence of specified place for delivery. - (1) The place for delivery of goods is the seller’s...

672.309 - Absence of specific time provisions; notice of termination. - (1) The time for shipment or delivery or any other...

672.310 - Open time for payment or running of credit; authority to ship under reservation. - (1) Payment is due at the time and place at...

672.311 - Options and cooperation respecting performance. - (1) An agreement for sale which is otherwise sufficiently definite...

672.312 - Warranty of title and against infringement; buyer’s obligation against infringement. - (1) Subject to subsection (2) there is in a contract...

672.313 - Express warranties by affirmation, promise, description, sample. - (1) Express warranties by the seller are created as follows:...

672.314 - Implied warranty; merchantability; usage of trade. - (1) Unless excluded or modified (s. 672.316), a warranty that...

672.315 - Implied warranty; fitness for particular purpose. - History.—s. 1, ch. 65-254. Note.—s. 2-315, U.C.C.; supersedes s. 578.13.

672.316 - Exclusion or modification of warranties. - (1) Words or conduct relevant to the creation of an...

672.317 - Cumulation and conflict of warranties express or implied. - (1) Exact or technical specifications displace an inconsistent sample or...

672.318 - Third-party beneficiaries of warranties express or implied. - History.—s. 1, ch. 65-254; s. 1, ch. 67-574; s. 567,...

672.319 - “F.O.B.” and “F.A.S.” terms. - (1) Unless otherwise agreed the term “F.O.B.” (which means “free...

672.320 - “C.I.F.” and “C. & F.” terms. - (1) The term “C.I.F.” means that the price includes in...

672.321 - C.I.F. or C. & F.; “net landed weights”; “payment on arrival”; warranty of condition on arrival. - (1) Where the price is based on or is to...

672.322 - Delivery “ex-ship.” - (1) Unless otherwise agreed a term for delivery of goods...

672.323 - Form of bill of lading required in overseas shipment; “overseas.” - (1) Where the contract contemplates overseas shipment and contains a...

672.324 - “No arrival, no sale” term. - (1) The seller must properly ship conforming goods and if...

672.325 - “Letter of credit” term; “confirmed credit.” - (1) Failure of the buyer seasonably to furnish an agreed...

672.326 - Sale on approval and sale or return; rights of creditors. - (1) Unless otherwise agreed, if delivered goods may be returned...

672.327 - Special incidents of sale on approval and sale or return. - (1) Under a sale on approval unless otherwise agreed: (a)...

672.328 - Sale by auction. - (1) In a sale by auction if goods are put...

Part IV - Title, Creditors, and Good Faith Purchasers (Ss. 672.401-672.403)

672.401 - Passing of title; reservation for security; limited application of this section. - (1) Title to goods cannot pass under a contract for...

672.402 - Rights of seller’s creditors against sold goods. - (1) Except as provided in subsections (2) and (3), rights...

672.403 - Power to transfer; good faith purchase of goods; “entrusting.” - (1) A purchaser of goods acquires all title which her...

Part V - Performance (Ss. 672.501-672.515)

672.501 - Insurable interest in goods; manner of identification of goods. - (1) The buyer obtains a special property and an insurable...

672.502 - Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency. - (1) Subject to subsections (2) and (3), and even though...

672.503 - Manner of seller’s tender of delivery. - (1) Tender of delivery requires that the seller put and...

672.504 - Shipment by seller. - (1) Put the goods in the possession of such a...

672.505 - Seller’s shipment under reservation. - (1) Where the seller has identified goods to the contract...

672.506 - Rights of financing agency. - (1) A financing agency by paying or purchasing for value...

672.507 - Effect of seller’s tender; delivery on condition. - (1) Tender of delivery is a condition to the buyer’s...

672.508 - Cure by seller of improper tender or delivery; replacement. - (1) Where any tender or delivery by the seller is...

672.509 - Risk of loss in the absence of breach. - (1) Where the contract requires or authorizes the seller to...

672.510 - Effect of breach on risk of loss. - (1) Where a tender or delivery of goods so fails...

672.511 - Tender of payment by buyer; payment by check. - (1) Unless otherwise agreed tender of payment is a condition...

672.512 - Payment by buyer before inspection. - (1) Where the contract requires payment before inspection nonconformity of...

672.513 - Buyer’s right to inspection of goods. - (1) Unless otherwise agreed and subject to subsection (3), where...

672.514 - When documents deliverable on acceptance; when on payment. - History.—s. 1, ch. 65-254. Note.—s. 2-514, U.C.C.

672.515 - Preserving evidence of goods in dispute. - (1) Either party on reasonable notification to the other and...

Part VI - Breach, Repudiation, and Excuse (Ss. 672.601-672.616)

672.601 - Buyer’s rights on improper delivery. - (1) Reject the whole; or (2) Accept the whole; or...

672.602 - Manner and effect of rightful rejection. - (1) Rejection of goods must be within a reasonable time...

672.603 - Merchant buyer’s duties as to rightfully rejected goods. - (1) Subject to any security interest in the buyer (s....

672.604 - Buyer’s options as to salvage of rightfully rejected goods. - History.—s. 1, ch. 65-254; s. 589, ch. 97-102. Note.—s. 2-604,...

672.605 - Waiver of buyer’s objections by failure to particularize. - (1) The buyer’s failure to state in connection with rejection...

672.606 - What constitutes acceptance of goods. - (1) Acceptance of goods occurs when the buyer: (a) After...

672.607 - Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over. - (1) The buyer must pay at the contract rate for...

672.608 - Revocation of acceptance in whole or in part. - (1) The buyer may revoke her or his acceptance of...

672.609 - Right to adequate assurance of performance. - (1) A contract for sale imposes an obligation on each...

672.610 - Anticipatory repudiation. - (1) For a commercially reasonable time await performance by the...

672.611 - Retraction of anticipatory repudiation. - (1) Until the repudiating party’s next performance is due he...

672.612 - “Installment contract”; breach. - (1) An “installment contract” is one which requires or authorizes...

672.613 - Casualty to identified goods. - (1) If the loss is total the contract is avoided;...

672.614 - Substituted performance. - (1) Where without fault of either party the agreed berthing,...

672.615 - Excuse by failure of presupposed conditions. - (1) Delay in delivery or nondelivery in whole or in...

672.616 - Procedure on notice claiming excuse. - (1) Where the buyer receives notification of a material or...

Part VII - Remedies (Ss. 672.701-672.724)

672.701 - Remedies for breach of collateral contracts not impaired. - History.—s. 1, ch. 65-254. Note.—s. 2-701, U.C.C.

672.702 - Seller’s remedies on discovery of buyer’s insolvency. - (1) Where the seller discovers the buyer to be insolvent...

672.703 - Seller’s remedies in general. - (1) Withhold delivery of such goods; (2) Stop delivery by...

672.704 - Seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods. - (1) An aggrieved seller under the preceding section may: (a)...

672.705 - Seller’s stoppage of delivery in transit or otherwise. - (1) The seller may stop delivery of goods in the...

672.706 - Seller’s resale including contract for resale. - (1) Under the conditions stated in s. 672.703 on seller’s...

672.707 - “Person in the position of a seller.” - (1) A “person in the position of a seller” includes...

672.708 - Seller’s damages for nonacceptance or repudiation. - (1) Subject to subsection (2) and to the provisions of...

672.709 - Action for the price. - (1) When the buyer fails to pay the price as...

672.710 - Seller’s incidental damages. - History.—s. 1, ch. 65-254. Note.—s. 2-710, U.C.C.

672.711 - Buyer’s remedies in general; buyer’s security interest in rejected goods. - (1) Where the seller fails to make delivery or repudiates...

672.712 - “Cover”; buyer’s procurement of substitute goods. - (1) After a breach within the preceding section the buyer...

672.713 - Buyer’s damages for nondelivery or repudiation. - (1) Subject to the provisions of this chapter with respect...

672.714 - Buyer’s damages for breach in regard to accepted goods. - (1) Where the buyer has accepted goods and given notification...

672.715 - Buyer’s incidental and consequential damages. - (1) Incidental damages resulting from the seller’s breach include expenses...

672.716 - Buyer’s right to specific performance or replevin. - (1) Specific performance may be decreed where the goods are...

672.717 - Deduction of damages from the price. - History.—s. 1, ch. 65-254; s. 611, ch. 97-102. Note.—s. 2-717,...

672.718 - Liquidation or limitation of damages; deposits. - (1) Damages for breach by either party may be liquidated...

672.719 - Contractual modification or limitation of remedy. - (1) Subject to the provisions of subsections (2) and (3)...

672.720 - Effect of “cancellation” or “rescission” on claims for antecedent breach. - History.—s. 1, ch. 65-254. Note.—s. 2-720, U.C.C.

672.721 - Remedies for fraud. - History.—s. 1, ch. 65-254. Note.—s. 2-721, U.C.C.

672.722 - Who can sue third parties for injury to goods. - (1) A right of action against the third party is...

672.723 - Proof of market price; time and place. - (1) If an action based on anticipatory repudiation comes to...

672.724 - Admissibility of market quotations. - History.—s. 1, ch. 65-254. Note.—s. 2-724, U.C.C.

Chapter 673 - Uniform Commercial Code: Negotiable Instruments

Part I - General Provisions and Definitions (Ss. 673.1011-673.1191)

673.1011 - Short title. - History.—s. 2, ch. 92-82.

673.1021 - Subject matter. - (1) This chapter applies to negotiable instruments. It does not...

673.1031 - Definitions. - (1) In this chapter, the term: (a) “Acceptor” means a...

673.1041 - Negotiable instrument. - (1) Except as provided in subsections (3), (4), and (11),...

673.1051 - Issue of instrument. - (1) The term “issue” means the first delivery of an...

673.1061 - Unconditional promise or order. - (1) Except as provided in this section, for the purposes...

673.1071 - Instrument payable in foreign money. - History.—s. 2, ch. 92-82.

673.1081 - Payable on demand or at definite time. - (1) A promise or order is “payable on demand” if...

673.1091 - Payable to bearer or to order. - (1) A promise or order is “payable to bearer” if...

673.1101 - Identification of person to whom instrument is payable. - (1) The person to whom an instrument is initially payable...

673.1111 - Place of payment. - History.—s. 2, ch. 92-82.

673.1121 - Interest. - (1) Unless otherwise provided in the instrument: (a) An instrument...

673.1131 - Date of instrument. - (1) An instrument may be antedated or postdated. The date...

673.1141 - Contradictory terms of instrument. - History.—s. 2, ch. 92-82.

673.1151 - Incomplete instrument. - (1) The term “incomplete instrument” means a signed writing, whether...

673.1161 - Joint and several liability; contribution. - (1) Except as otherwise provided in the instrument, two or...

673.1171 - Other agreements affecting instrument. - History.—s. 2, ch. 92-82.

673.1181 - Statute of limitations. - History.—s. 2, ch. 92-82.

673.1191 - Notice of right to defend action. - History.—s. 2, ch. 92-82.

Part II - Negotiation, Transfer, and Indorsement (Ss. 673.2011-673.2071)

673.2011 - Negotiation. - (1) The term “negotiation” means a transfer of possession, whether...

673.2021 - Negotiation subject to rescission. - (1) Negotiation is effective even if obtained: (a) From an...

673.2031 - Transfer of instrument; rights acquired by transfer. - (1) An instrument is transferred when it is delivered by...

673.2041 - Indorsement. - (1) The term “indorsement” means a signature, other than that...

673.2051 - Special indorsement; blank indorsement; anomalous indorsement. - (1) If an indorsement is made by the holder of...

673.2061 - Restrictive indorsement. - (1) An indorsement limiting payment to a particular person or...

673.2071 - Reacquisition. - History.—s. 2, ch. 92-82.

Part III - Enforcement of Instruments (Ss. 673.3011-673.3121)

673.3011 - Person entitled to enforce instrument. - (1) The holder of the instrument; (2) A nonholder in...

673.3021 - Holder in due course. - (1) Subject to subsection (3) and s. 673.1061(4), the term...

673.3031 - Value and consideration. - (1) An instrument is issued or transferred for value if:...

673.3041 - Overdue instrument. - (1) An instrument payable on demand becomes overdue at the...

673.3051 - Defenses and claims in recoupment. - (1) Except as stated in subsection (2), the right to...

673.3061 - Claims to an instrument. - History.—s. 2, ch. 92-82.

673.3071 - Notice of breach of fiduciary duty. - (1) In this section, the term: (a) “Fiduciary” means an...

673.3081 - Proof of signatures and status as holder in due course. - (1) In an action with respect to an instrument, the...

673.3091 - Enforcement of lost, destroyed, or stolen instrument. - (1) A person not in possession of an instrument is...

673.3101 - Effect of instrument on obligation for which taken. - (1) Unless otherwise agreed, if a certified check, cashier’s check,...

673.3111 - Accord and satisfaction by use of instrument. - (1) If a person against whom a claim is asserted...

673.3121 - Lost, destroyed, or stolen cashier’s check, teller’s check, or certified check. - (1) In this section, the term: (a) “Check” means a...

Part IV - Liability of Parties (Ss. 673.4011-673.4201)

673.4011 - Signature. - (1) A person is not liable on an instrument unless:...

673.4021 - Signature by representative. - (1) If a person acting, or purporting to act, as...

673.4031 - Unauthorized signature. - (1) Unless otherwise provided in this chapter or chapter 674,...

673.4041 - Impostors; fictitious payees. - (1) If an impostor, by use of the mails or...

673.4051 - Employer’s responsibility for fraudulent indorsement by employee. - (1) In this section, the term: (a) “Employee” includes an...

673.4061 - Negligence contributing to forged signature or alteration of instrument. - (1) A person whose failure to exercise ordinary care substantially...

673.4071 - Alteration. - (1) The term “alteration” means: (a) An unauthorized change in...

673.4081 - Drawee not liable on unaccepted draft. - History.—s. 2, ch. 92-82.

673.4091 - Acceptance of draft; certified check. - (1) The term “acceptance” means the drawee’s signed agreement to...

673.4101 - Acceptance varying draft. - (1) If the terms of a drawee’s acceptance vary from...

673.4111 - Refusal to pay cashier’s checks, teller’s checks, and certified checks. - (1) In this section, the term “obligated bank” means: (a)...

673.4121 - Obligation of issuer of note or cashier’s check. - (1) According to its terms at the time it was...

673.4131 - Obligation of acceptor. - (1) The acceptor of a draft is obliged to pay...

673.4141 - Obligation of drawer. - (1) This section does not apply to cashier’s checks or...

673.4151 - Obligation of indorser. - (1) Subject to subsections (2), (3), and (4) and to...

673.4161 - Transfer warranties. - (1) A person who transfers an instrument for consideration warrants...

673.4171 - Presentment warranties. - (1) If an unaccepted draft is presented to the drawee...

673.4181 - Payment or acceptance by mistake. - (1) Except as provided in subsection (3), if the drawee...

673.4191 - Instruments signed for accommodation. - (1) If an instrument is issued for value given for...

673.4201 - Conversion of instrument. - (1) The law applicable to conversion of personal property applies...

Part V - Dishonor (Ss. 673.5011-673.5051)

673.5011 - Presentment. - (1) The term “presentment” means a demand made by or...

673.5021 - Dishonor. - (1) Dishonor of a note is governed by the following...

673.5031 - Notice of dishonor. - (1) The obligation of an indorser stated in s. 673.4151(1)...

673.5041 - Excused presentment and notice of dishonor. - (1) Presentment for payment or acceptance of an instrument is...

673.5051 - Evidence of dishonor. - (1) The following are admissible as evidence and create a...

Part VI - Discharge and Payment (Ss. 673.6011-673.6051)

673.6011 - Discharge and effect of discharge. - (1) The obligation of a party to pay the instrument...

673.6021 - Payment. - (1) Subject to subsection (2), an instrument is paid to...

673.6031 - Tender of payment. - (1) If tender of payment of an obligation to pay...

673.6041 - Discharge by cancellation or renunciation. - (1) A person entitled to enforce an instrument, with or...

673.6051 - Discharge of indorsers and accommodation parties. - (1) In this section, the term “indorser” includes a drawer...

Chapter 674 - Uniform Commercial Code: Bank Deposits and Collections

Part I - General Provisions and Definitions (Ss. 674.101-674.111)

674.101 - Short title. - History.—s. 1, ch. 65-254; s. 7, ch. 92-82. Note.—s. 4-101,...

674.102 - Applicability. - (1) To the extent that items within this chapter are...

674.103 - Variation by agreement; measure of damages; action constituting ordinary care. - (1) The effect of the provisions of this chapter may...

674.104 - Definitions and index of definitions. - (1) In this chapter, unless the context otherwise requires, the...

674.105 - “Bank”; “depositary bank”; “payor bank”; “intermediary bank”; “collecting bank”; “presenting bank.” - (1) “Bank” means a person engaged in the business of...

674.1061 - Payable through or payable at bank; collecting bank. - (1) If an item states that it is “payable through”...

674.1071 - Separate office of bank. - History.—s. 1, ch. 65-254; s. 1, ch. 77-384; s. 173,...

674.1081 - Time of receipt of items. - (1) For the purpose of allowing time to process items,...

674.1091 - Delays. - (1) Unless otherwise instructed, a collecting bank in a good...

674.1101 - Electronic presentment. - (1) The term “agreement for electronic presentment” means an agreement,...

674.111 - Statute of limitations. - History.—s. 18, ch. 92-82.

Part II - Collection of Items: Depositary and Collecting Banks (Ss. 674.201-674.216)

674.201 - Status of collecting bank as agent and provisional status of credits; applicability of chapter; item indorsed “pay any bank.” - (1) Unless a contrary intent clearly appears and before the...

674.202 - Responsibility for collection or return; when action timely. - (1) A collecting bank must exercise ordinary care in: (a)...

674.203 - Effect of instructions. - History.—s. 1, ch. 65-254; s. 21, ch. 92-82. Note.—s. 4-203,...

674.204 - Methods of sending and presenting; sending directly to payor bank. - (1) A collecting bank shall send items by a reasonably...

674.205 - Depositary bank holder of unindorsed item. - (1) The depositary bank becomes a holder of the item...

674.206 - Transfer between banks. - History.—s. 1, ch. 65-254; s. 24, ch. 92-82. Note.—s. 4-206,...

674.207 - Transfer warranties. - (1) A customer or collecting bank that transfers an item...

674.2081 - Presentment warranties. - (1) If an unaccepted draft is presented to the drawee...

674.2091 - Encoding and retention warranties. - (1) A person who encodes information on or with respect...

674.2101 - Security interest of collecting bank in items, accompanying documents, and proceeds. - (1) A collecting bank has a security interest in an...

674.2111 - When bank gives value for purposes of holder in due course. - History.—s. 1, ch. 65-254; s. 29, ch. 92-82. Note.—s. 4-209,...

674.2121 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser. - (1) Unless otherwise instructed, a collecting bank may present an...

674.2131 - Medium and time of settlement by bank. - (1) With respect to settlement by a bank, the medium...

674.2141 - Right of charge-back or refund; liability of collecting bank; return of item. - (1) If a collecting bank has made provisional settlement with...

674.215 - Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal. - (1) An item is finally paid by a payor bank...

674.216 - Insolvency and preference. - (1) If an item is in or comes into the...

Part III - Collection of Items: Payor Banks (Ss. 674.301-674.303)

674.301 - Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank. - (1) If a payor bank settles for a demand item...

674.302 - Payor bank’s responsibility for late return of item. - (1) If an item is presented to and received by...

674.303 - When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified. - (1) Any knowledge, notice, or stop-payment order received by, legal...

Part IV - Relationship Between Payor Bank and Its Customer (Ss. 674.401-674.407)

674.401 - When bank may charge customer’s account. - (1) A bank may charge against the account of a...

674.402 - Bank’s liability to customer for wrongful dishonor; time of determining insufficiency of account. - (1) Except as otherwise provided in this chapter, a payor...

674.403 - Customer’s right to stop payment; burden of proof of loss. - (1) A customer or any person authorized to draw on...

674.404 - Bank not obliged to pay check more than 6 months old. - History.—s. 1, ch. 65-254; s. 41, ch. 92-82. Note.—s. 4-404,...

674.405 - Death or incompetence of customer. - (1) A payor or collecting bank’s authority to accept, pay,...

674.406 - Customer’s duty to discover and report unauthorized signature or alteration. - (1) A bank that sends or makes available to a...

674.407 - Payor bank’s right to subrogation on improper payment. - (1) Of any holder in due course on the item...

Part V - Collection of Documentary Drafts (Ss. 674.501-674.504)

674.501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor. - History.—s. 1, ch. 65-254; s. 45, ch. 92-82. Note.—s. 4-501,...

674.502 - Presentment of “on arrival” drafts. - History.—s. 1, ch. 65-254; s. 46, ch. 92-82. Note.—s. 4-502,...

674.503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need. - (1) Must deliver the documents to the drawee on acceptance...

674.504 - Privilege of presenting bank to deal with goods; security interest for expenses. - (1) A presenting bank that, following the dishonor of a...

Chapter 675 - Uniform Commercial Code: Letters of Credit

675.101 - Short Title. - History.—s. 1, ch. 65-254; s. 1, ch. 99-137. Note.—s. 5-101,...

675.102 - Scope. - (1) This chapter applies to letters of credit and to...

675.103 - Definitions. - (1) For purposes of this chapter: (a) “Adviser” means a...

675.104 - Formal Requirements. - History.—s. 1, ch. 65-254; s. 1, ch. 99-137. Note.—s. 5-104,...

675.105 - Consideration. - History.—s. 1, ch. 65-254; s. 1, ch. 99-137. Note.—s. 5-105,...

675.106 - Issuance, Amendment, Cancellation, and Duration. - (1) A letter of credit is issued and becomes enforceable...

675.107 - Confirmer, Nominated Person, and Adviser. - (1) A confirmer is directly obligated on a letter of...

675.108 - Issuer’s Rights and Obligations. - (1) Except as otherwise provided in s. 675.109, an issuer...

675.109 - Fraud and Forgery. - (1) If a presentation is made that appears on its...

675.110 - Warranties. - (1) If a beneficiary’s presentation is honored, the beneficiary warrants:...

675.111 - Remedies. - (1) If an issuer wrongfully dishonors or repudiates its obligation...

675.112 - Transfer of Letter of Credit. - (1) Except as otherwise provided in s. 675.113, unless a...

675.113 - Transfer by Operation of Law. - (1) A successor of a beneficiary may consent to amendments,...

675.114 - Assignment of Proceeds. - (1) For purposes of this section, the term “proceeds of...

675.115 - Statute of Limitations. - History.—s. 1, ch. 65-254; s. 619, ch. 97-102; s. 1,...

675.116 - Choice of Law and Forum. - (1) The liability of an issuer, nominated person, or adviser...

675.117 - Subrogation of Issuer, Applicant, and Nominated Person. - (1) An issuer that honors a beneficiary’s presentation is subrogated...

675.118 - Applicability of Ch. 99-137. - (1) This act applies to any letter of credit that...

675.1181 - Security Interest of Issuer or Nominated Person. - (1) An issuer or nominated person has a security interest...

Chapter 677 - Uniform Commercial Code: Documents of Title

Part I - General (Ss. 677.101-677.106)

677.101 - Short title. - History.—s. 1, ch. 65-254. Note.—s. 7-101, U.C.C.

677.102 - Definitions and index of definitions. - (1) In this chapter, unless the context otherwise requires: (a)...

677.103 - Relation of chapter to treaty, statute, classification, or regulation. - (1) Except as otherwise provided in this chapter, this chapter...

677.104 - Negotiable and nonnegotiable document of title. - (1) Except as otherwise provided in subsection (3), a document...

677.105 - Reissuance in alternative medium. - (1) Upon request of a person entitled under an electronic...

677.106 - Control of electronic document of title. - (1) A person has control of an electronic document of...

Part II - Warehouse Receipts: Special Provisions (Ss. 677.201-677.210)

677.201 - Persons that may issue a warehouse receipt; storage under bond. - (1) A warehouse receipt may be issued by any warehouse....

677.202 - Form of warehouse receipt; effect of omission. - (1) A warehouse receipt need not be in any particular...

677.203 - Liability of nonreceipt or misdescription. - (1) The document conspicuously indicates that the issuer does not...

677.204 - Duty of care; contractual limitation of warehouse’s liability. - (1) A warehouse is liable for damages for loss of...

677.205 - Title under warehouse receipt defeated in certain cases. - History.—s. 1, ch. 65-254; s. 27, ch. 2010-131. Note.—s. 7-205,...

677.206 - Termination of storage at warehouse’s option. - (1) A warehouse, by giving notice to the person on...

677.207 - Goods shall be kept separate; fungible goods. - (1) Unless the warehouse receipt provides otherwise, a warehouse shall...

677.208 - Altered warehouse receipts. - History.—s. 1, ch. 65-254; s. 30, ch. 2010-131. Note.—s. 7-208,...

677.209 - Lien of warehouse. - (1) A warehouse has a lien against the bailor on...

677.210 - Enforcement of warehouse’s lien. - (1) Except as provided in subsection (2), a warehouse’s lien...

Part III - Bills of Lading: Special Provisions (Ss. 677.301-677.309)

677.301 - Liability for nonreceipt or misdescription; “said to contain”; “shipper’s weight, load, and count”; improper handling. - (1) A consignee of a nonnegotiable bill of lading which...

677.302 - Through bills of lading and similar documents of title. - (1) The issuer of a through bill of lading, or...

677.303 - Diversion; reconsignment; change of instructions. - (1) Unless the bill of lading otherwise provides, a carrier...

677.304 - Tangible bills of lading in a set. - (1) Except as customary in international transportation, a tangible bill...

677.305 - Destination bills. - (1) Instead of issuing a bill of lading to the...

677.306 - Altered bills of lading. - History.—s. 1, ch. 65-254. Note.—s. 7-306, U.C.C.; supersedes s. 678.13.

677.307 - Lien of carrier. - (1) A carrier has a lien on the goods covered...

677.308 - Enforcement of carrier’s lien. - (1) A carrier’s lien on goods may be enforced by...

677.309 - Duty of care; contractual limitation of carrier’s liability. - (1) A carrier that issues a bill of lading, whether...

Part IV - Warehouse Receipts and Bills of Lading: General Obligations (Ss. 677.401-677.404)

677.401 - Irregularities in issue of receipt or bill or conduct of issuer. - (1) The document does not comply with the requirements of...

677.402 - Duplicate document of title; overissue. - History.—s. 1, ch. 65-254; s. 635, ch. 97-102; s. 42,...

677.403 - Obligation of bailee to deliver; excuse. - (1) A bailee shall deliver the goods to a person...

677.404 - No liability for good faith delivery pursuant to document of title. - (1) The person from which the bailee received the goods...

Part V - Warehouse Receipts and Bills of Lading: Negotiation and Transfer (Ss. 677.501-677.509)

677.501 - Form of negotiation and requirements of due negotiation. - (1) The following rules apply to a negotiable tangible document...

677.502 - Rights acquired by due negotiation. - (1) Subject to ss. 677.205 and 677.503, a holder to...

677.503 - Document of title to goods defeated in certain cases. - (1) A document of title confers no right in goods...

677.504 - Rights acquired in the absence of due negotiation; effect of diversion; stoppage of delivery. - (1) A transferee of a document of title, whether negotiable...

677.505 - Indorser not guarantor for other parties. - History.—s. 1, ch. 65-254; s. 49, ch. 2010-131. Note.—s. 7-505,...

677.506 - Delivery without indorsement; right to compel indorsement. - History.—s. 1, ch. 65-254; s. 642, ch. 97-102; s. 50,...

677.507 - Warranties on negotiation or delivery of document of title. - (1) The document is genuine; (2) The transferor does not...

677.508 - Warranties of collecting bank as to documents of title. - History.—s. 1, ch. 65-254; s. 52, ch. 2010-131. Note.—s. 7-508,...

677.509 - Adequate compliance with commercial contract. - History.—s. 1, ch. 65-254; s. 53, ch. 2010-131. Note.—s. 7-509,...

Part VI - Warehouse Receipts and Bills of Lading: Miscellaneous Provisions (Ss. 677.601-677.603)

677.601 - Lost, stolen, or destroyed documents of title. - (1) If a document of title is lost, stolen, or...

677.602 - Judicial process against goods covered by negotiable document of title. - History.—s. 1, ch. 65-254; s. 644, ch. 97-102; s. 55,...

677.603 - Conflicting claims; interpleader. - History.—s. 1, ch. 65-254; s. 645, ch. 97-102; s. 56,...

Chapter 678 - Uniform Commercial Code: Investment Securities

Part I - Short Title and General Matters (Ss. 678.1011-678.1171)

678.1011 - Short title. - History.—s. 1, ch. 98-11.

678.1021 - Definitions. - (1) In this chapter: (a) “Adverse claim” means a claim...

678.1031 - Rules for determining whether certain obligations and interests are securities or financial assets. - (1) A share or similar equity interest issued by a...

678.1041 - Acquisition of security or financial asset or interest therein. - (1) A person acquires a security or an interest therein,...

678.1051 - Notice of adverse claim. - (1) A person has notice of an adverse claim if:...

678.1061 - Control. - (1) A purchaser has “control” of a certificated security in...

678.1071 - Whether indorsement, instruction, or entitlement order is effective. - (1) “Appropriate person” means: (a) With respect to an indorsement,...

678.1081 - Warranties in direct holding. - (1) A person who transfers a certificated security to a...

678.1091 - Warranties in indirect holding. - (1) A person who originates an entitlement order to a...

678.1101 - Applicability; choice of law. - (1) The local law of the issuer’s jurisdiction, as specified...

678.1111 - Clearing corporation rules. - History.—s. 1, ch. 98-11.

678.1121 - Creditor’s legal process. - (1) The interest of a debtor in a certificated security...

678.1131 - Statute of frauds inapplicable. - History.—s. 1, ch. 98-11.

678.1141 - Evidentiary rules concerning certificated securities. - (1) Unless specifically denied in the pleadings, each signature on...

678.1151 - Securities intermediary and others not liable to adverse claimant. - (1) Took the action after it had been served with...

678.1161 - Securities intermediary as purchaser for value. - History.—s. 1, ch. 98-11.

678.1171 - Application of ch. 98-11. - (1) This act does not affect an action or proceeding...

Part II - Issue and Issuer (Ss. 678.2011-678.2101)

678.2011 - Issuer. - (1) With respect to an obligation on or a defense...

678.2021 - Issuer’s responsibility and defenses; notice of defect or defense. - (1) Even against a purchaser for value and without notice,...

678.2031 - Staleness as notice of defect or defense. - (1) Requires the payment of money, the delivery of a...

678.2041 - Effect of issuer’s restriction on transfer. - (1) The security is certificated and the restriction is noted...

678.2051 - Effect of unauthorized signature on security certificate. - (1) An authenticating trustee, registrar, transfer agent, or other person...

678.2061 - Completion or alteration of security certificate. - (1) If a security certificate contains the signatures necessary to...

678.2071 - Rights and duties of issuer with respect to registered owners. - (1) Before due presentment for registration of transfer of a...

678.2081 - Effect of signature of authenticating trustee, registrar, or transfer agent. - (1) A person signing a security certificate as authenticating trustee,...

678.2091 - Issuer’s lien. - History.—s. 2, ch. 98-11.

678.2101 - Overissue. - (1) In this section, “overissue” means the issue of securities...

Part III - Transfer of Certificated and Uncertificated Securities (Ss. 678.3011-678.3071)

678.3011 - Delivery. - (1) Delivery of a certificated security to a purchaser occurs...

678.3021 - Rights of purchaser. - (1) Except as otherwise provided in subsections (2) and (3),...

678.3031 - Protected purchaser. - (1) “Protected purchaser” means a purchaser of a certificated or...

678.3041 - Indorsement. - (1) An indorsement may be in blank or special. An...

678.3051 - Instruction. - (1) If an instruction has been originated by an appropriate...

678.3061 - Effect of guaranteeing signature, indorsement, or instruction. - (1) A person who guarantees a signature of an indorser...

678.3071 - Purchaser’s right to requisites for registration of transfer. - History.—s. 3, ch. 98-11.

Part IV - Registration (Ss. 678.4011-678.4071)

678.4011 - Duty of issuer to register transfer. - (1) If a certificated security in registered form is presented...

678.4021 - Assurance that indorsement or instruction is effective. - (1) An issuer may require the following assurance that each...

678.4031 - Demand that issuer not register transfer. - (1) A person who is an appropriate person to make...

678.4041 - Wrongful registration. - (1) Except as otherwise provided in s. 678.4061, an issuer...

678.4051 - Replacement of lost, destroyed, or wrongfully taken security certificate. - (1) If an owner of a certificated security, whether in...

678.4061 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate. - History.—s. 4, ch. 98-11.

678.4071 - Authenticating trustee, transfer agent, and registrar. - History.—s. 4, ch. 98-11.

Part V - Security Entitlements (Ss. 678.5011-678.5111)

678.5011 - Securities account; acquisition of security entitlement from securities intermediary. - (1) “Securities account” means an account to which a financial...

678.5021 - Assertion of adverse claim against entitlement holder. - History.—s. 5, ch. 98-11.

678.5031 - Property interest of entitlement holder in financial asset held by securities intermediary. - (1) To the extent necessary for a securities intermediary to...

678.5041 - Duty of securities intermediary to maintain financial asset. - (1) A securities intermediary shall promptly obtain and thereafter maintain...

678.5051 - Duty of securities intermediary with respect to payments and distributions. - (1) A securities intermediary shall take action to obtain a...

678.5061 - Duty of securities intermediary to exercise rights as directed by entitlement holder. - (1) The securities intermediary acts with respect to the duty...

678.5071 - Duty of securities intermediary to comply with entitlement order. - (1) A securities intermediary shall comply with an entitlement order...

678.5081 - Duty of securities intermediary to change entitlement holder’s position to other form of security holding. - (1) The securities intermediary acts as agreed upon by the...

678.5091 - Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder. - (1) If the substance of a duty imposed upon a...

678.5101 - Rights of purchaser of security entitlement from entitlement holder. - (1) In a case not covered by the priority rules...

678.5111 - Priority among security interests and entitlement holders. - (1) Except as otherwise provided in subsections (2) and (3),...

Chapter 679 - Uniform Commercial Code: Secured Transactions

Part I - General Provisions (Ss. 679.1011-679.1101)

679.1011 - Short title. - History.—s. 1, ch. 2001-198.

679.1021 - Definitions and index of definitions. - (1) In this chapter, the term: (a) “Accession” means goods...

679.1031 - Purchase-money security interest; application of payments; burden of establishing. - (1) In this section, the term: (a) “Purchase-money collateral” means...

679.1041 - Control of deposit account. - (1) A secured party has control of a deposit account...

679.1051 - Control of electronic chattel paper. - (1) A secured party has control of electronic chattel paper...

679.1061 - Control of investment property. - (1) A person has control of a certificated security, uncertificated...

679.1071 - Control of letter-of-credit right. - History.—s. 1, ch. 2001-198.

679.1081 - Sufficiency of description. - (1) Except as otherwise provided herein and in subsections (3),...

679.1091 - Scope. - (1) Except as otherwise provided in subsections (3) and (4),...

679.1101 - Security interests arising under chapter 672 or chapter 680. - (1) The security interest is enforceable, even if s. 679.2031(2)(c)...

Part II - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement (Ss. 679.2011-679.210)

679.2011 - General effectiveness of security agreement. - (1) Except as otherwise provided in the Uniform Commercial Code,...

679.2021 - Title to collateral immaterial. - History.—s. 2, ch. 2001-198.

679.2031 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites. - (1) A security interest attaches to collateral when it becomes...

679.2041 - After-acquired property; future advances. - (1) Except as otherwise provided in subsection (2), a security...

679.2051 - Use or disposition of collateral permissible. - (1) A security interest is not invalid or fraudulent against...

679.2061 - Security interest arising in purchase or delivery of financial asset. - (1) A security interest in favor of a securities intermediary...

679.2071 - Rights and duties of secured party having possession or control of collateral. - (1) Except as otherwise provided in subsection (4), a secured...

679.2081 - Additional duties of secured party having control of collateral. - (1) This section applies to cases in which there is...

679.209 - Duties of secured party if account debtor has been notified of assignment. - (1) Except as otherwise provided in subsection (3), this section...

679.210 - Request for accounting; request regarding list of collateral or statement of account. - (1) In this section, the term: (a) “Request” means a...

Part III - Perfection and Priority (Ss. 679.3011-679.342)

679.3011 - Law governing perfection and priority of security interests. - (1) Except as otherwise provided in this section, while a...

679.3021 - Law governing perfection and priority of agricultural liens. - History.—s. 3, ch. 2001-198.

679.3031 - Law governing perfection and priority of security interests in goods covered by a certificate of title. - (1) This section applies to goods covered by a certificate...

679.3041 - Law governing perfection and priority of security interests in deposit accounts. - (1) The local law of a bank’s jurisdiction governs perfection,...

679.3051 - Law governing perfection and priority of security interests in investment property. - (1) Except as otherwise provided in subsection (3), the following...

679.3061 - Law governing perfection and priority of security interests in letter-of-credit rights. - (1) Subject to subsection (3), the local law of the...

679.3071 - Location of debtor. - (1) In this section, the term “place of business” means...

679.3081 - When security interest or agricultural lien is perfected; continuity of perfection. - (1) Except as otherwise provided in this section and s....

679.3091 - Security interest perfected upon attachment. - (1) A purchase-money security interest in consumer goods, except as...

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