eLaws of Florida

 

  CHAPTER 679. UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS  


PART I. GENERAL PROVISIONS
SECTION 679.1011. Short title.
SECTION 679.1021. Definitions and index of definitions.
SECTION 679.1031. Purchase-money security interest; application of payments; burden of establishing.
SECTION 679.1041. Control of deposit account.
SECTION 679.1051. Control of electronic chattel paper.
SECTION 679.1061. Control of investment property.
SECTION 679.1071. Control of letter-of-credit right.
SECTION 679.1081. Sufficiency of description.
SECTION 679.1091. Scope.
SECTION 679.1101. Security interests arising under chapter 672 or chapter 680.
PART II. EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT
SECTION 679.2011. General effectiveness of security agreement.
SECTION 679.2021. Title to collateral immaterial.
SECTION 679.2031. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
SECTION 679.2041. After-acquired property; future advances.
SECTION 679.2051. Use or disposition of collateral permissible.
SECTION 679.2061. Security interest arising in purchase or delivery of financial asset.
SECTION 679.2071. Rights and duties of secured party having possession or control of collateral.
SECTION 679.2081. Additional duties of secured party having control of collateral.
SECTION 679.209. Duties of secured party if account debtor has been notified of assignment.
SECTION 679.210. Request for accounting; request regarding list of collateral or statement of account.
PART III. PERFECTION AND PRIORITY
SECTION 679.3011. Law governing perfection and priority of security interests.
SECTION 679.3021. Law governing perfection and priority of agricultural liens.
SECTION 679.3031. Law governing perfection and priority of security interests in goods covered by a certificate of title.
SECTION 679.3041. Law governing perfection and priority of security interests in deposit accounts.
SECTION 679.3051. Law governing perfection and priority of security interests in investment property.
SECTION 679.3061. Law governing perfection and priority of security interests in letter-of-credit rights.
SECTION 679.3071. Location of debtor.
SECTION 679.3081. When security interest or agricultural lien is perfected; continuity of perfection.
SECTION 679.3091. Security interest perfected upon attachment.
SECTION 679.3101. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
SECTION 679.3111. Perfection of security interests in property subject to certain statutes, regulations, and treaties.
SECTION 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.
SECTION 679.3131. When possession by or delivery to secured party perfects security interest without filing.
SECTION 679.3141. Perfection by control.
SECTION 679.3151. Secured party’s rights on disposition of collateral and in proceeds.
SECTION 679.3161. Continued perfection of security interest following change in governing law.
SECTION 679.3171. Interests that take priority over or take free of security interest or agricultural lien.
SECTION 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.
SECTION 679.319. Rights and title of consignee with respect to creditors and purchasers.
SECTION 679.320. Buyer of goods.
SECTION 679.321. Licensee of general intangible and lessee of goods in ordinary course of business.
SECTION 679.322. Priorities among conflicting security interests in and agricultural liens on same collateral.
SECTION 679.323. Future advances.
SECTION 679.324. Priority of purchase-money security interests.
SECTION 679.325. Priority of security interests in transferred collateral.
SECTION 679.326. Priority of security interests created by new debtor.
SECTION 679.327. Priority of security interests in deposit account.
SECTION 679.328. Priority of security interests in investment property.
SECTION 679.329. Priority of security interests in letter-of-credit right.
SECTION 679.330. Priority of purchaser of chattel paper or instrument.
SECTION 679.331. Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under chapter 678.
SECTION 679.332. Transfer of money; transfer of funds from deposit account.
SECTION 679.333. Priority of certain liens arising by operation of law.
SECTION 679.334. Priority of security interests in fixtures and crops.
SECTION 679.335. Accessions.
SECTION 679.336. Commingled goods.
SECTION 679.337. Priority of security interests in goods covered by certificate of title.
SECTION 679.338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
SECTION 679.339. Priority subject to subordination.
SECTION 679.340. Effectiveness of right of recoupment or set-off against deposit account.
SECTION 679.341. Bank’s rights and duties with respect to deposit account.
SECTION 679.342. Bank’s right to refuse to enter into or disclose existence of control agreement.
PART IV. RIGHTS OF THIRD PARTIES
SECTION 679.40111. Alienability of debtor’s rights.
SECTION 679.4021. Secured party not obligated on contract of debtor or in tort.
SECTION 679.4031. Agreement not to assert defenses against assignee.
SECTION 679.4041. Rights acquired by assignee; claims and defenses against assignee.
SECTION 679.4051. Modification of assigned contract.
SECTION 679.4061. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.
SECTION 679.4071. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest.
SECTION 679.4081. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
SECTION 679.409. Restrictions on assignment of letter-of-credit rights ineffective.
PART V. FILING
SECTION 679.5011. Filing office.
SECTION 679.5021. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
SECTION 679.5031. Name of debtor and secured party.
SECTION 679.5041. Indication of collateral.
SECTION 679.5051. Filing and compliance with other statutes and treaties for consignments, leases, bailments, and other transactions.
SECTION 679.5061. Effect of errors or omissions.
SECTION 679.5071. Effect of certain events on effectiveness of financing statement.
SECTION 679.508. Effectiveness of financing statement if new debtor becomes bound by security agreement.
SECTION 679.509. Persons entitled to file a record.
SECTION 679.510. Effectiveness of filed record.
SECTION 679.511. Secured party of record.
SECTION 679.512. Amendment of financing statement.
SECTION 679.513. Termination statement.
SECTION 679.514. Assignment of powers of secured party of record.
SECTION 679.515. Duration and effectiveness of financing statement; effect of lapsed financing statement.
SECTION 679.516. What constitutes filing; effectiveness of filing.
SECTION 679.517. Effect of indexing errors.
SECTION 679.518. Claim concerning inaccurate or wrongfully filed record.
SECTION 679.519. Numbering, maintaining, and indexing records; communicating information provided in records.
SECTION 679.520. Acceptance and refusal to accept record.
SECTION 679.521. Uniform form of written financing statement and amendment.
SECTION 679.522. Maintenance and destruction of records.
SECTION 679.523. Information from filing office; sale or license of records.
SECTION 679.524. Delay by filing office.
SECTION 679.525. Processing fees.
SECTION 679.526. Filing-office rules.
SECTION 679.527. Florida Secured Transaction Registry.
PART VI. DEFAULT
SECTION 679.601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
SECTION 679.602. Waiver and variance of rights and duties.
SECTION 679.603. Agreement on standards concerning rights and duties.
SECTION 679.604. Procedure if security agreement covers real property or fixtures.
SECTION 679.605. Unknown debtor or secondary obligor.
SECTION 679.606. Time of default for agricultural lien.
SECTION 679.607. Collection and enforcement by secured party.
SECTION 679.608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
SECTION 679.609. Secured party’s right to take possession after default.
SECTION 679.610. Disposition of collateral after default.
SECTION 679.611. Notification before disposition of collateral.
SECTION 679.612. Timeliness of notification before disposition of collateral.
SECTION 679.613. Contents and form of notification before disposition of collateral; general.
SECTION 679.614. Contents and form of notification before disposition of collateral; consumer-goods transaction.
SECTION 679.615. Application of proceeds of disposition; liability for deficiency and right to surplus.
SECTION 679.616. Explanation of calculation of surplus or deficiency.
SECTION 679.617. Rights of transferee of collateral.
SECTION 679.618. Rights and duties of certain secondary obligors.
SECTION 679.619. Transfer of record or legal title.
SECTION 679.620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
SECTION 679.621. Notification of proposal to accept collateral.
SECTION 679.622. Effect of acceptance of collateral.
SECTION 679.623. Right to redeem collateral.
SECTION 679.624. Waiver.
SECTION 679.625. Remedies for failure to comply with article.
SECTION 679.626. Action in which deficiency or surplus is in issue.
SECTION 679.627. Determination of whether conduct was commercially reasonable.
SECTION 679.628. Nonliability and limitation on liability of secured party; liability of secondary obligor.
PART VII. TRANSITION
SECTION 679.701. Effective date.
SECTION 679.702. Savings clause.
SECTION 679.703. Security interest perfected before effective date.
SECTION 679.704. Security interest unperfected before effective date.
SECTION 679.705. Effectiveness of action taken before effective date.
SECTION 679.706. When initial financing statement suffices to continue effectiveness of financing statement.
SECTION 679.707. Amendment or pre-effective date financing statement.
SECTION 679.708. Persons entitled to file initial financing statement or continuation statement.
SECTION 679.709. Priority.
PART VIII. TRANSITION PROVISIONS FOR 2013 AMENDMENTS
SECTION 679.801. Saving clause.
SECTION 679.802. Security interest perfected before effective date.
SECTION 679.803. Security interest unperfected before effective date.
SECTION 679.804. Effectiveness of action taken before effective date.
SECTION 679.805. When initial financing statement suffices to continue effectiveness of financing statement.
SECTION 679.806. Amendment of financing statement filed before July 1, 2013.
SECTION 679.807. Person entitled to file initial financing statement or continuation statement.
SECTION 679.808. Priority.

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