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, […]
679.1101 – Security interests arising under chapter 672 or chapter 680.
679.1101 Security interests arising under chapter 672 or chapter 680.—A security interest arising under s. 672.401, s. 672.505, s. 672.711(3), or s. 680.508(5) is subject to this chapter. However, until the debtor obtains possession of the goods: (1) The security interest is enforceable, even if s. 679.2031(2)(c) has not been satisfied; (2) Filing is not required to perfect […]
679.2011 – General effectiveness of security agreement.
679.2011 General effectiveness of security agreement.— (1) Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors. (2) Nothing in this chapter validates any charge or practice illegal under any statute or regulation thereunder governing usury, small loans, retail […]
679.2021 – Title to collateral immaterial.
679.2021 Title to collateral immaterial.—Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this chapter with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor. History.—s. 2, ch. 2001-198.
679.2031 – Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
679.2031 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.— (1) A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachment. (2) Except as otherwise provided in subsections (3) through (10), a security interest is enforceable against the debtor […]