Fla. Stat. § 534.49
Livestock drafts; effect
Redline — January 1, 2011 → current.View current text →
Current — January 1, 2018
As of January 1, 2011
For the purposes of this section, a livestock draft given as payment at a livestock auction market for a livestock purchase shall not be deemed an express extension of credit to the buyer and shall not defeat the creation of a lien on such an animal and its carcass and all products therefrom and proceeds thereof, to secure all or a part of its sales price, as provided in s. 534.54(4).
For the purposes of this section, a livestock draft given as payment at a livestock auction market for a livestock purchase shall not be deemed an express extension of credit to the purchaser and shall not defeat the creation of a lien on such animal and its carcass, all products therefrom, and all proceeds thereof, to secure all or a part of its sales price, as provided in s. 534.54(3).
Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.