679.340 – Effectiveness of right of recoupment or set-off against deposit account.
679.340 Effectiveness of right of recoupment or set-off against deposit account.— (1) Except as otherwise provided in subsection (3), a bank with which a deposit account is maintained may exercise any right of recoupment or set-off against a secured party that holds a security interest in the deposit account. (2) Except as otherwise provided in subsection (3), the […]
679.325 – Priority of security interests in transferred collateral.
679.325 Priority of security interests in transferred collateral.— (1) Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if: (a) The debtor acquired the collateral subject to the security interest created by the other person; (b) The security interest created […]
679.341 – Bank’s rights and duties with respect to deposit account.
679.341 Bank’s rights and duties with respect to deposit account.—Except as otherwise provided in s. 679.340(3), and unless the bank otherwise agrees in an authenticated record, a bank’s rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended, or modified by: (1) The creation, attachment, or perfection of a security […]
679.326 – Priority of security interests created by new debtor.
679.326 Priority of security interests created by new debtor.— (1) Subject to subsection (2), a security interest that is created by a new debtor in collateral in which the new debtor has or acquires rights and perfected by a filed financing statement that would be ineffective to perfect the security interest but for the application of s. […]
679.342 – Bank’s right to refuse to enter into or disclose existence of control agreement.
679.342 Bank’s right to refuse to enter into or disclose existence of control agreement.—This chapter does not require a bank to enter into an agreement of the kind described in s. 679.1041(1)(b), even if its customer so requests or directs. A bank that has entered into such an agreement is not required to confirm the existence […]
679.327 – Priority of security interests in deposit account.
679.327 Priority of security interests in deposit account.—The following rules govern priority among conflicting security interests in the same deposit account: (1) A security interest held by a secured party having control of the deposit account under s. 679.1041 has priority over a conflicting security interest held by a secured party that does not have control. (2) Except […]
679.40111 – Alienability of debtor’s rights.
679.40111 Alienability of debtor’s rights.— (1) Except as otherwise provided in subsection (2) and ss. 679.4061, 679.4071, 679.4081, and 679.409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this chapter. (2) An agreement between the debtor and secured party which prohibits a transfer of the debtor’s rights in […]
679.328 – Priority of security interests in investment property.
679.328 Priority of security interests in investment property.—The following rules govern priority among conflicting security interests in the same investment property: (1) A security interest held by a secured party having control of investment property under s. 679.1061 has priority over a security interest held by a secured party that does not have control of the investment […]
679.4021 – Secured party not obligated on contract of debtor or in tort.
679.4021 Secured party not obligated on contract of debtor or in tort.—The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor’s acts or omissions. History.—s. 4, ch. 2001-198.
679.329 – Priority of security interests in letter-of-credit right.
679.329 Priority of security interests in letter-of-credit right.—The following rules govern priority among conflicting security interests in the same letter-of-credit right: (1) A security interest held by a secured party having control of the letter-of-credit right under s. 679.1071 has priority to the extent of its control over a conflicting security interest held by a secured party […]