678.5071 – Duty of securities intermediary to comply with entitlement order.
678.5071 Duty of securities intermediary to comply with entitlement order.— (1) A securities intermediary shall comply with an entitlement order if the entitlement order is originated by the appropriate person, the securities intermediary has had reasonable opportunity to assure itself that the entitlement order is genuine and authorized, and the securities intermediary has had reasonable opportunity to […]
678.5081 – Duty of securities intermediary to change entitlement holder’s position to other form of security holding.
678.5081 Duty of securities intermediary to change entitlement holder’s position to other form of security holding.—A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to a […]
678.5091 – Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.
678.5091 Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.— (1) If the substance of a duty imposed upon a securities intermediary by ss. 678.5041-678.5081 is the subject of other statute, regulation, or rule, compliance with that statute, regulation, or […]
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 […]