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 […]
679.3021 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.
679.3031 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 […]
679.3041 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 […]
679.3051 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 […]
679.3061 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 […]
679.3071 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 […]
679.3081 When security interest or agricultural lien is perfected; continuity of perfection.— (1) Except as otherwise provided in this section and s. 679.3091, a security interest is perfected if it has attached and all of the applicable requirements for perfection in ss. 679.3101-679.3161 have been satisfied. A security interest is perfected when it attaches if the applicable […]
679.3091 Security interest perfected upon attachment.—The following security interests are perfected when they attach: (1) A purchase-money security interest in consumer goods, except as otherwise provided in s. 679.3111(2) with respect to consumer goods that are subject to a statute or treaty described in s. 679.3111(1); (2) An assignment of accounts or payment intangibles which does not by […]
679.3101 When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.— (1) Except as otherwise provided in subsection (2) and s. 679.3121(2), a financing statement must be filed to perfect all security interests and agricultural liens. (2) The filing of a financing statement is not necessary […]
679.3111 Perfection of security interests in property subject to certain statutes, regulations, and treaties.— (1) Except as otherwise provided in subsection (4), the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to: (a) A statute, regulation, or treaty of the United States whose requirements for a security interest’s […]
679.3121 Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.— (1) A security interest in chattel paper, negotiable documents, instruments, or investment property may be perfected by filing. (2) Except as otherwise provided in […]
679.3131 When possession by or delivery to secured party perfects security interest without filing.— (1) Except as otherwise provided in subsection (2), a secured party may perfect a security interest in tangible negotiable documents, goods, instruments, money, or tangible chattel paper by taking possession of the collateral. A secured party may perfect a security interest in certificated […]
679.3141 Perfection by control.— (1) A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under s. 677.106, s. 679.1041, s. 679.1051, s. 679.1061, or s. 679.1071. (2) A security interest in deposit accounts, electronic chattel paper, letter-of-credit rights, or electronic documents is perfected […]
679.3151 Secured party’s rights on disposition of collateral and in proceeds.— (1) Except as otherwise provided in this chapter and in s. 672.403(2): (a) A security interest or agricultural lien continues in collateral notwithstanding sale, lease, license, exchange, or other disposition thereof unless the secured party authorized the disposition free of the security interest or agricultural lien; and […]
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 […]
679.3171 Interests that take priority over or take free of security interest or agricultural lien.— (1) A security interest or agricultural lien is subordinate to the rights of: (a) A person entitled to priority under s. 679.322; and (b) Except as otherwise provided in subsection (5), a person who becomes a lien creditor before the earlier of the time: […]
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.— (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.— (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 […]
