Florida Statute 618.08 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVI
BUSINESS ORGANIZATIONS

Chapter 618
AGRICULTURAL COOPERATIVE MARKETING ASSOCIATIONS

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F.S. 618.08

618.08 Corporations may mortgage farm supplies.—A mortgage, executed by a cooperative association, may cover its stock of farm supplies, changing in specifics, which stock mortgagor is permitted to retain in its possession and sell in the usual course of business. The lien of such mortgage shall be lost on all farm supplies sold up to the time of foreclosure, and shall attach to the farm supplies acquired to replenish the stock. No such mortgage shall be invalid as to creditors of the mortgagor because the mortgagor is permitted to retain possession and sell such mortgaged property in the usual course of business; provided, the mortgagor replenishes such property from the proceeds of sale or applies such proceeds in payment of the mortgage debt. In all other respects the laws relating to chattel mortgages shall be applicable to such mortgages.

History.—ss. 1, 2, ch. 17111, 1935; CGL 1936 Supp. 6471(1); s. 1, ch. 99-3.

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Amendments to 618.08

Arrestable Offenses / Crimes under Fla. Stat. 618.08

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 618.08.

Annotations, Discussions, Cases:

Cases Citing Statute 618.08

Total Results: 6

United States v. South Atlantic Production Credit

Court: District Court of Appeal of Florida | Date Filed: 1992-09-30

Citation: 606 So. 2d 691

Snippet: signed a renewal note to PCA in the amount of $28,618.08, which represented the unpaid balance of the April

Isaacs v. Powell

Court: District Court of Appeal of Florida | Date Filed: 1972-10-04

Citation: 267 So. 2d 864

Snippet: See, e.g., 21 A.L.R.3rd, n. 2, supra, pp. 615, 618. [8] This rule is duplicated in § 484, Restatement

Ogden Trucking Co. v. Heller Bros.

Court: District Court of Appeal of Florida | Date Filed: 1961-05-18

Citation: 130 So. 2d 295, 1961 Fla. App. LEXIS 2759

Snippet: Laws 1915, § 12580, now Comp.Laws Mich.1948, § 618.8, § 27.988 of The Judicature Act, 21 Mich.Stat.Annot

Porter v. Vinzant

Court: Supreme Court of Florida | Date Filed: 1905-01-15

Citation: 49 Fla. 213

Snippet: animals. City of St. Louis v. *217Schoenbusch, 95 Mo. 618, 8 S. W. Rep. 791; State v. Karstendiek, 49 La. Ann

Florida Town Improvement Co. v. Bigalsky

Court: Supreme Court of Florida | Date Filed: 1902-06-15

Citation: 44 Fla. 771

Snippet: Cunningham, 155 U. S. 354; Doolan v. Carr, 125 U. S. 618, 8 Sup. Ct. Rep. 1228; Wilcox v. Jackson, 13 Pet.

Williams v. State

Court: Supreme Court of Florida | Date Filed: 1899-01-15

Citation: 41 Fla. 295

Snippet: have amounted to a felony. Walls v. State, 90 Ala. 618, 8 South. Rep. 680; Carter v. State, 28 Tex. App.