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Florida Statutes (Last Updated: April 21, 2021) |
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TITLE XXIV. VESSELS |
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CHAPTER 328. VESSELS: TITLE CERTIFICATES; LIENS; REGISTRATION |
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PART I. VESSELS; TITLE CERTIFICATES; LIENS |
Latest version.
- 1(1) 2The rights, duties, and interests flowing from a transaction, certificate of title, or record relating to a vessel which was validly entered into or created before the effective date of this act and would be subject to this act if it had been entered into or created on or after the effective date of this act remain valid on and after the effective date of this act.69(2) 70This act does not affect an action or proceeding commenced before the effective date of this act.87(3) 88Except as otherwise provided in subsection (4), a security interest that is enforceable immediately before the effective date of this act and would have priority over the rights of a person who becomes a lien creditor at that time is a perfected security interest under this act.135(4) 136A security interest perfected immediately before the effective date of this act remains perfected until the earlier of:154(a) 155The time perfection would have ceased under the law under which the security interest was perfected; or172(b) 173Three years after the effective date of this act.182(5) 183This act does not affect the priority of a security interest in a vessel if immediately before the effective date of this act the security interest is enforceable and perfected, and that priority is established.
Note
Note.-Effective July 1, 2023.
