679.3161 – Continued perfection of security interest following change in governing law.
679.3161 Continued perfection of security interest following change in governing law.— (1) A security interest perfected pursuant to the law of the jurisdiction designated in s. 679.3011(1) or s. 679.3051(3) remains perfected until the earliest of: (a) The time perfection would have ceased under the law of that jurisdiction; (b) The expiration of 4 months after a change of […]
679.1051 – Control of electronic chattel paper.
679.1051 Control of electronic chattel paper.— (1) A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chattel paper was assigned. (2) A system satisfies subsection (1), and a secured party has control of […]
679.3011 – Law governing perfection and priority of security interests.
679.3011 Law governing perfection and priority of security interests.—Except as otherwise provided in ss. 679.1091, 679.3031, 679.3041, 679.3051, and 679.3061, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral: (1) Except as otherwise provided in this section, while a debtor is located in […]
679.1061 – Control of investment property.
679.1061 Control of investment property.— (1) A person has control of a certificated security, uncertificated security, or security entitlement as provided in s. 678.1061. (2) A secured party has control of a commodity contract if: (a) The secured party is the commodity intermediary with which the commodity contract is carried; or (b) The commodity customer, secured party, and commodity intermediary […]
679.3021 – Law governing perfection and priority of agricultural liens.
679.3021 Law governing perfection and priority of agricultural liens.—While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products. History.—s. 3, ch. 2001-198.
679.1071 – Control of letter-of-credit right.
679.1071 Control of letter-of-credit right.—A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under s. 675.114(3) or otherwise applicable law or […]
679.3031 – Law governing perfection and priority of security interests in goods covered by a certificate of title.
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 of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor. (2) Goods become covered […]
679.1081 – Sufficiency of description.
679.1081 Sufficiency of description.— (1) Except as otherwise provided herein and in subsections (3), (4), and (5), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described. A description of real estate in a record filed to perfect a security interest in crops growing or […]
679.3041 – Law governing perfection and priority of security interests in deposit accounts.
679.3041 Law governing perfection and priority of security interests in deposit accounts.— (1) The local law of a bank’s jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank. (2) The following rules determine a bank’s jurisdiction for purposes of this part: (a) If an […]
679.1091 – Scope.
679.1091 Scope.— (1) Except as otherwise provided in subsections (3) and (4), this chapter applies to: (a) A transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract; (b) An agricultural lien; (c) A sale of accounts, chattel paper, payment intangibles, or promissory notes; (d) A consignment; (e) A security interest arising under s. 672.401, […]