Uniform Commercial Code
Florida · Uniform Commercial Code: Secured Transactions · §§ 679.1011 to 679.902 · 152 sections
Overview
The Uniform Commercial Code governs commercial transactions, with the provisions here covering the sale of goods and the treatment of certain electronic records that function as payment or account rights. For sales, it supplies default rules that fill gaps in contracts — price, delivery, timing, and payment terms — alongside requirements for contract formation and modification, a statute of frauds, limits on the use of extrinsic evidence, and rules on when acceptance with added terms creates a binding agreement. It also establishes warranties that attach to a sale, including title, express warranties created by description or sample, and implied warranties of merchantability and fitness for a particular purpose, and it empowers courts to refuse enforcement of unconscionable terms.
Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.
In the courts
Sections of this act have been cited in 109 court decisions.
Most-cited authority: 605 F.3d 856 - Old West Annuity & Life Insurance v. Apollo Group
Sections covered
- Fla. Stat. § 679.1011Short title2 cites
- Fla. Stat. § 679.1021Definitions and index of definitions7 cites
- Fla. Stat. § 679.1031Purchase-money security interest; application of payments; burden of establishing4 cites
- Fla. Stat. § 679.1041Control of deposit account1 cite
- Fla. Stat. § 679.1051Control of electronic chattel paper
- Fla. Stat. § 679.1052Control of electronic money
- Fla. Stat. § 679.1053Control of controllable electronic record, controllable account, or controllable payment intangible
- Fla. Stat. § 679.1054No requirement to acknowledge or confirm; no duties
- Fla. Stat. § 679.1061Control of investment property
- Fla. Stat. § 679.1071Control of letter-of-credit right
- Fla. Stat. § 679.1081Sufficiency of description4 cites
- Fla. Stat. § 679.1091Scope4 cites
- Fla. Stat. § 679.1101Security interests arising under chapter 672 or chapter 6801 cite
- Fla. Stat. § 679.2011General effectiveness of security agreement2 cites
- Fla. Stat. § 679.2021Title to collateral immaterial
- Fla. Stat. § 679.2031Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites6 cites
- Fla. Stat. § 679.2041After-acquired property; future advances
- Fla. Stat. § 679.2051Use or disposition of collateral permissible
- Fla. Stat. § 679.2061Security interest arising in purchase or delivery of financial asset
- Fla. Stat. § 679.2071Rights and duties of secured party having possession or control of collateral1 cite
- Fla. Stat. § 679.2081Additional duties of secured party having control of collateral
- Fla. Stat. § 679.209Duties of secured party if account debtor has been notified of assignment
- Fla. Stat. § 679.210Request for accounting; request regarding list of collateral or statement of account
- Fla. Stat. § 679.3011Law governing perfection and priority of security interests2 cites
- Fla. Stat. § 679.3021Law governing perfection and priority of agricultural liens
- Fla. Stat. § 679.3031Law governing perfection and priority of security interests in goods covered by a certificate of title1 cite
- Fla. Stat. § 679.3041Law governing perfection and priority of security interests in deposit accounts
- Fla. Stat. § 679.3051Law governing perfection and priority of security interests in investment property
- Fla. Stat. § 679.3061Law governing perfection and priority of security interests in letter-of-credit rights
- Fla. Stat. § 679.3062Law governing perfection and priority of security interests in chattel paper
- Fla. Stat. § 679.3063Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles
- Fla. Stat. § 679.3071Location of debtor1 cite
- Fla. Stat. § 679.3081When security interest or agricultural lien is perfected; continuity of perfection2 cites
- Fla. Stat. § 679.3091Security interest perfected upon attachment
- Fla. Stat. § 679.3101When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
- Fla. Stat. § 679.3111Perfection of security interests in property subject to certain statutes, regulations, and treaties
- Fla. Stat. § 679.3121Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, 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 possession4 cites
- Fla. Stat. § 679.3131When possession by or delivery to secured party perfects security interest without filing4 cites
- Fla. Stat. § 679.3141Perfection by control
- Fla. Stat. § 679.3151Secured party’s rights on disposition of collateral and in proceeds5 cites
- Fla. Stat. § 679.3152Perfection by possession and control of chattel paper
- Fla. Stat. § 679.3161Continued perfection of security interest following change in governing law
- Fla. Stat. § 679.3171Interests that take priority over or take free of security interest or agricultural lien1 cite
- Fla. Stat. § 679.3181No 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
- Fla. Stat. § 679.319Rights and title of consignee with respect to creditors and purchasers
- Fla. Stat. § 679.320Buyer of goods1 cite
- Fla. Stat. § 679.321Licensee of general intangible and lessee of goods in ordinary course of business
- Fla. Stat. § 679.322Priorities among conflicting security interests in and agricultural liens on same collateral1 cite
- Fla. Stat. § 679.323Future advances
- Fla. Stat. § 679.324Priority of purchase-money security interests
- Fla. Stat. § 679.325Priority of security interests in transferred collateral
- Fla. Stat. § 679.3251Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible
- Fla. Stat. § 679.326Priority of security interests created by new debtor
- Fla. Stat. § 679.327Priority of security interests in deposit account
- Fla. Stat. § 679.328Priority of security interests in investment property
- Fla. Stat. § 679.329Priority of security interests in letter-of-credit right
- Fla. Stat. § 679.330Priority of purchaser of chattel paper or instrument
- Fla. Stat. § 679.331Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments, and securities under other articles; priority of interests in financial assets and security entitlements and protection against assertion of claim under chapters 669 and 678
- Fla. Stat. § 679.332Transfer of money; transfer of funds from deposit account; transfer of electronic money3 cites
- Fla. Stat. § 679.333Priority of certain liens arising by operation of law1 cite
- Fla. Stat. § 679.334Priority of security interests in fixtures and crops1 cite
- Fla. Stat. § 679.335Accessions
- Fla. Stat. § 679.336Commingled goods
- Fla. Stat. § 679.337Priority of security interests in goods covered by certificate of title
- Fla. Stat. § 679.338Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
- Fla. Stat. § 679.339Priority subject to subordination
- Fla. Stat. § 679.340Effectiveness of right of recoupment or set-off against deposit account
- Fla. Stat. § 679.341Bank’s rights and duties with respect to deposit account
- Fla. Stat. § 679.342Bank’s right to refuse to enter into or disclose existence of control agreement
- Fla. Stat. § 679.40111Alienability of debtor’s rights
- Fla. Stat. § 679.4021Secured party not obligated on contract of debtor or in tort
- Fla. Stat. § 679.4031Agreement not to assert defenses against assignee
- Fla. Stat. § 679.4041Rights acquired by assignee; claims and defenses against assignee1 cite
- Fla. Stat. § 679.4051Modification of assigned contract
- Fla. Stat. § 679.4061Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
- Fla. Stat. § 679.4071Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest
- Fla. Stat. § 679.4081Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
- Fla. Stat. § 679.409Restrictions on assignment of letter-of-credit rights ineffective
- Fla. Stat. § 679.5011Filing office5 cites
- Fla. Stat. § 679.5021Contents of financing statement; record of mortgage as financing statement; time of filing financing statement4 cites
- Fla. Stat. § 679.5031Name of debtor and secured party4 cites
- Fla. Stat. § 679.5041Indication of collateral
- Fla. Stat. § 679.5051Filing and compliance with other statutes and treaties for consignments, leases, bailments, and other transactions
- Fla. Stat. § 679.5061Effect of errors or omissions5 cites
- Fla. Stat. § 679.5071Effect of certain events on effectiveness of financing statement
- Fla. Stat. § 679.508Effectiveness of financing statement if new debtor becomes bound by security agreement1 cite
- Fla. Stat. § 679.509Persons entitled to file a record1 cite
- Fla. Stat. § 679.510Effectiveness of filed record
- Fla. Stat. § 679.511Secured party of record
- Fla. Stat. § 679.512Amendment of financing statement
- Fla. Stat. § 679.513Termination statement
- Fla. Stat. § 679.514Assignment of powers of secured party of record
- Fla. Stat. § 679.515Duration and effectiveness of financing statement; effect of lapsed financing statement2 cites
- Fla. Stat. § 679.516What constitutes filing; effectiveness of filing
- Fla. Stat. § 679.517Effect of indexing errors1 cite
- Fla. Stat. § 679.518Claim concerning inaccurate or wrongfully filed record
- Fla. Stat. § 679.519Numbering, maintaining, and indexing records; communicating information provided in records
- Fla. Stat. § 679.520Acceptance and refusal to accept record
- Fla. Stat. § 679.521Uniform form of written financing statement and amendment1 cite
- Fla. Stat. § 679.522Maintenance and destruction of records
- Fla. Stat. § 679.523Information from filing office; sale or license of records
- Fla. Stat. § 679.524Delay by filing office
- Fla. Stat. § 679.525Processing fees
- Fla. Stat. § 679.526Filing-office rules
- Fla. Stat. § 679.527Florida Secured Transaction Registry
- Fla. Stat. § 679.601Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes1 cite
- Fla. Stat. § 679.602Waiver and variance of rights and duties
- Fla. Stat. § 679.603Agreement on standards concerning rights and duties
- Fla. Stat. § 679.604Procedure if security agreement covers real property or fixtures1 cite
- Fla. Stat. § 679.605Unknown debtor or secondary obligor
- Fla. Stat. § 679.606Time of default for agricultural lien
- Fla. Stat. § 679.607Collection and enforcement by secured party
- Fla. Stat. § 679.608Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
- Fla. Stat. § 679.609Secured party’s right to take possession after default1 cite
- Fla. Stat. § 679.610Disposition of collateral after default4 cites
- Fla. Stat. § 679.611Notification before disposition of collateral
- Fla. Stat. § 679.612Timeliness of notification before disposition of collateral1 cite
- Fla. Stat. § 679.613Contents and form of notification before disposition of collateral; general1 cite
- Fla. Stat. § 679.614Contents and form of notification before disposition of collateral; consumer-goods transaction2 cites
- Fla. Stat. § 679.615Application of proceeds of disposition; liability for deficiency and right to surplus1 cite
- Fla. Stat. § 679.616Explanation of calculation of surplus or deficiency
- Fla. Stat. § 679.617Rights of transferee of collateral2 cites
- Fla. Stat. § 679.618Rights and duties of certain secondary obligors1 cite
- Fla. Stat. § 679.619Transfer of record or legal title1 cite
- Fla. Stat. § 679.620Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
- Fla. Stat. § 679.621Notification of proposal to accept collateral
- Fla. Stat. § 679.622Effect of acceptance of collateral1 cite
- Fla. Stat. § 679.623Right to redeem collateral3 cites
- Fla. Stat. § 679.624Waiver
- Fla. Stat. § 679.625Remedies for failure to comply with article2 cites
- Fla. Stat. § 679.626Action in which deficiency or surplus is in issue2 cites
- Fla. Stat. § 679.627Determination of whether conduct was commercially reasonable1 cite
- Fla. Stat. § 679.628Nonliability and limitation on liability of secured party; liability of secondary obligor
- Fla. Stat. § 679.701Effective date
- Fla. Stat. § 679.702Savings clause
- Fla. Stat. § 679.703Security interest perfected before effective date
- Fla. Stat. § 679.704Security interest unperfected before effective date
- Fla. Stat. § 679.705Effectiveness of action taken before effective date
- Fla. Stat. § 679.706When initial financing statement suffices to continue effectiveness of financing statement
- Fla. Stat. § 679.707Amendment or pre-effective date financing statement
- Fla. Stat. § 679.708Persons entitled to file initial financing statement or continuation statement
- Fla. Stat. § 679.709Priority
- Fla. Stat. § 679.801Saving clause
- Fla. Stat. § 679.802Security interest perfected before effective date
- Fla. Stat. § 679.803Security interest unperfected before effective date
- Fla. Stat. § 679.804Effectiveness of action taken before effective date
- Fla. Stat. § 679.805When initial financing statement suffices to continue effectiveness of financing statement
- Fla. Stat. § 679.806Amendment of financing statement filed before July 1, 2013
- Fla. Stat. § 679.807Person entitled to file initial financing statement or continuation statement
- Fla. Stat. § 679.808Priority
- Fla. Stat. § 679.901Saving clause
- Fla. Stat. § 679.902Transitional provisions
Enacted in other states
Alaska, Alabama, Arkansas, Arizona, California, Colorado, District of Columbia, Delaware, Florida, Florida, Florida, Florida, Florida, Florida, Florida, Florida, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maryland, Maine, Mississippi, Montana, North Carolina, North Dakota, New Hampshire, New Jersey, New Mexico, Nevada, Nevada, Nevada, New York, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, West Virginia
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