Florida Statutes
Title XXXIX - Commercial Relations
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...

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Florida Statutes Title XXXIX - Commercial Relations Chapter 673 - Uniform Commercial Code: Negotiable Instruments

Florida Statutes
Title XXXIX - Commercial Relations
Chapter 673 - Uniform Commercial Code: Negotiable Instruments