US Lawyer Database

679.702 – Savings clause.

679.702 Savings clause.— (1) Except as otherwise provided in this part, this act applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this act takes effect. (2) Except as otherwise provided in subsection (3) and ss. 679.703-679.709: (a) Transactions and liens that were not governed by chapter […]

679.703 – Security interest perfected before effective date.

679.703 Security interest perfected before effective date.— (1) A security interest that is enforceable immediately before this act takes effect and would have priority over the rights of a person who becomes a lien creditor at that time is a perfected security interest under this act if, when this act takes effect, the applicable requirements for enforceability […]

679.704 – Security interest unperfected before effective date.

679.704 Security interest unperfected before effective date.—A security interest that is enforceable immediately before this act takes effect but that would be subordinate to the rights of a person who becomes a lien creditor at that time: (1) Remains an enforceable security interest for 1 year after this act takes effect; (2) Remains enforceable thereafter if the security […]

679.705 – Effectiveness of action taken before effective date.

679.705 Effectiveness of action taken before effective date.— (1) If action, other than the filing of a financing statement, is taken before this act takes effect and the action would have resulted in priority of a security interest over the rights of a person who becomes a lien creditor had the security interest become enforceable before this […]

679.707 – Amendment or pre-effective date financing statement.

679.707 Amendment or pre-effective date financing statement.— (1) In this section, the term “pre-effective date financing statement” means a financing statement filed before this act takes effect. (2) After this act takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in a pre-effective date […]

679.708 – Persons entitled to file initial financing statement or continuation statement.

679.708 Persons entitled to file initial financing statement or continuation statement.—A person may file an initial financing statement or a continuation statement under this part if: (1) The secured party of record authorizes the filing; and (2) The filing is necessary under this part: (a) To continue the effectiveness of a financing statement filed before this act takes effect; […]

679.709 – Priority.

679.709 Priority.— (1) This act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this act takes effect, chapter 679, Florida Statutes 2000, determines priority. (2) For purposes of s. 679.322(1), the priority of a security interest that becomes enforceable under s. 679.2031 of this act dates from […]