679.333 – Priority of certain liens arising by operation of law.
679.333 Priority of certain liens arising by operation of law.— (1) In this section, the term “possessory lien” means an interest, other than a security interest or an agricultural lien: (a) Which secures payment or performance of an obligation for services or materials furnished with respect to goods by a person in the ordinary course of the person’s […]
679.3181 – No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
679.3181 No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.— (1) A debtor who has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold. (2) For purposes of […]
679.319 – Rights and title of consignee with respect to creditors and purchasers.
679.319 Rights and title of consignee with respect to creditors and purchasers.— (1) Except as otherwise provided in subsection (2), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title […]
679.320 – Buyer of goods.
679.320 Buyer of goods.— (1) Except as otherwise provided in subsection (5), a buyer in ordinary course of business, other than a person buying farm products from a person engaged in farming operations, takes free of a security interest created by the buyer’s seller, even if the security interest is perfected and the buyer knows of its […]
679.3051 – Law governing perfection and priority of security interests in investment property.
679.3051 Law governing perfection and priority of security interests in investment property.— (1) Except as otherwise provided in subsection (3), the following rules apply: (a) While a security certificate is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in the certificated […]
679.321 – Licensee of general intangible and lessee of goods in ordinary course of business.
679.321 Licensee of general intangible and lessee of goods in ordinary course of business.— (1) In this section, the term “licensee in ordinary course of business” means a person who becomes a licensee of a general intangible in good faith, without knowledge that the license violates the rights of another person in the general intangible, and in […]
679.3061 – Law governing perfection and priority of security interests in letter-of-credit rights.
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 issuer’s jurisdiction or a nominated person’s jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a letter-of-credit right if the issuer’s jurisdiction or nominated person’s jurisdiction is […]
679.322 – Priorities among conflicting security interests in and agricultural liens on same collateral.
679.322 Priorities among conflicting security interests in and agricultural liens on same collateral.— (1) Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the following rules: (a) Conflicting perfected security interests and agricultural liens rank according to priority in time of filing or perfection. […]
679.3071 – Location of debtor.
679.3071 Location of debtor.— (1) In this section, the term “place of business” means a place where a debtor conducts its affairs. (2) Except as otherwise provided in this section, the following rules determine a debtor’s location: (a) A debtor who is an individual is located at the individual’s principal residence. (b) A debtor that is an organization and has […]
679.323 – Future advances.
679.323 Future advances.— (1) Except as otherwise provided in subsection (3), for purposes of determining the priority of a perfected security interest under s. 679.322(1)(a), perfection of the security interest dates from the time an advance is made to the extent that the security interest secures an advance that: (a) Is made while the security interest is perfected […]