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Florida Statute 625.77 - Full Text and Legal Analysis Florida Statute 625.77 | Lawyer Caselaw & Research
Fla. Stat. § 625.77 (2026) Copy Cite Official Site Syfertize CourtListener Amendments
625.77 Unlawful to sell equity security not owned; delayed delivery.—
(1) It is unlawful for any person reporting securities under s. 625.75 to sell, directly or indirectly, any equity security of a company named in such report if the person or the person’s principal:
(a) Does not own the security sold;
(b) If owning the security, does not deliver it against such sale within 20 days thereafter; or
(c) Does not within 5 days after such sale deposit it in the mails or other usual channels of transportation.
(2) No person shall be deemed to have violated this section if he or she proves that, notwithstanding the exercise of good faith, he or she was unable to make such delivery or deposit within such time.
History.—s. 1, ch. 65-18; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 137, 143, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 202, ch. 97-102.

Arrestable Offenses under F.S. 625.77

M = misdemeanor · F = felony · degree: F=1st S=2nd T=3rd
§625.77FRAUDSELL UNOWNED EQUITY SECURITYM · 2nd

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This Florida statute resource is curated by an Orange Park personal injury and workers' comp lawyer, a Jacksonville, Florida personal injury and workers' compensation attorney (Florida Bar No. 39104). For legal consultation, call 904-383-7448.