Florida Statute 159.39 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 159
BOND FINANCING

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F.S. 159.39

159.39 Negotiability of bonds.—All bonds issued under the provisions of this part, regardless of form or terms, are hereby declared to have all the qualities and incidents, including negotiability, of investment securities under the Uniform Commercial Code of the state. Compliance with the provisions of the code respecting the filing of a financing statement to perfect a security interest shall not be deemed necessary for perfecting any security interest granted by a local agency in connection with the issuance of any such bonds; nevertheless, and notwithstanding s. 679.1091(4)(n), financing statements with respect to such security interests may be filed pursuant to the applicable provisions of the code to further evidence the grant and perfection of such security interests.

History.—s. 15, ch. 69-104; s. 10, ch. 80-287; s. 23, ch. 2002-1.

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Amendments to 159.39

Arrestable Offenses / Crimes under Fla. Stat. 159.39

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 159.39.

Annotations, Discussions, Cases:

Cases Citing Statute 159.39

Total Results: 1

Smalley v. Sovereign Finance Co.

Court: Supreme Court of Florida | Date Filed: 1931-06-17

Citation: 135 So. 558, 102 Fla. 32

Snippet: 32 N.W. 340; Davis v. Smith, 88 Ala. 596, 7 So. 159; 39 Cyc. page 1850. The demurrers were properly over-ruled