679.2041 – After-acquired property; future advances.
679.2041 After-acquired property; future advances.— (1) Except as otherwise provided in subsection (2), a security agreement may create or provide for a security interest in after-acquired collateral. (2) A security interest does not attach under a term constituting an after-acquired property clause to: (a) Consumer goods, other than an accession when given as additional security, unless the debtor acquires […]
678.5101 – Rights of purchaser of security entitlement from entitlement holder.
678.5101 Rights of purchaser of security entitlement from entitlement holder.— (1) In a case not covered by the priority rules in chapter 679 or the rules stated in subsection (3), an action based on an adverse claim to a financial asset or security entitlement, whether framed in conversion, replevin, constructive trust, equitable lien, or other theory, may […]
678.5111 – Priority among security interests and entitlement holders.
678.5111 Priority among security interests and entitlement holders.— (1) Except as otherwise provided in subsections (2) and (3), if a securities intermediary does not have sufficient interests in a particular financial asset to satisfy both its obligations to entitlement holders who have security entitlements to that financial asset and its obligation to a creditor of the securities […]
678.4031 – Demand that issuer not register transfer.
678.4031 Demand that issuer not register transfer.— (1) A person who is an appropriate person to make an indorsement or originate an instruction may demand that the issuer not register transfer of a security by communicating to the issuer a notification that identifies the registered owner and the issue of which the security is a part and […]
679.1011 – Short title.
679.1011 Short title.—This chapter may be cited as Uniform Commercial Code—Secured Transactions. History.—s. 1, ch. 2001-198.
678.4041 – Wrongful registration.
678.4041 Wrongful registration.— (1) Except as otherwise provided in s. 678.4061, an issuer is liable for wrongful registration of transfer if the issuer has registered a transfer of a security to a person not entitled to it, and the transfer was registered: (a) Pursuant to an ineffective indorsement or instruction; (b) After a demand that the issuer not register […]
679.1021 – Definitions and index of definitions.
679.1021 Definitions and index of definitions.— (1) In this chapter, the term: (a) “Accession” means goods that are physically united with other goods in such a manner that the identity of the original goods is not lost. (b) “Account,” except as used in “account for,” means a right to payment of a monetary obligation, whether or not earned by […]
678.4051 – Replacement of lost, destroyed, or wrongfully taken security certificate.
678.4051 Replacement of lost, destroyed, or wrongfully taken security certificate.— (1) If an owner of a certificated security, whether in registered or bearer form, claims that the certificate has been lost, destroyed, or wrongfully taken, the issuer shall issue a new certificate if the owner: (a) So requests before the issuer has notice that the certificate has been […]
679.1031 – Purchase-money security interest; application of payments; burden of establishing.
679.1031 Purchase-money security interest; application of payments; burden of establishing.— (1) In this section, the term: (a) “Purchase-money collateral” means goods or software that secures a purchase-money obligation incurred with respect to that collateral. (b) “Purchase-money obligation” means an obligation of an obligor incurred as all or part of the price of the collateral or for value given to […]
678.4061 – Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
678.4061 Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.—If a security certificate has been lost, apparently destroyed, or wrongfully taken, and the owner fails to notify the issuer of that fact within a reasonable time after the owner has notice of it and the issuer registers a transfer of the security before […]