Florida Statutes

Fla. Stat. § 670.102 (2025)

Subject matter.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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670.102 Subject matter.Except as otherwise provided in s. 670.108, this chapter applies to funds transfers defined in s. 670.104.
History.s. 1, ch. 91-70.
Notes of Decisions
Cited in 8 cases, 1998–2019 · leading case: Anderson v. Branch Banking & Trust Co. ex rel. BankAtlantic, LLC, 119 F. Supp. 3d 1328 (S.D. Fla. 2015).
Anderson v. Branch Banking & Trust Co. ex rel. BankAtlantic, LLC, 119 F. Supp. 3d 1328 (S.D. Fla. 2015). · cites it 4× “103 (l)(c); see also Fla. Stat. § 670.102 cmt. 1. As noted by the Official Comment to Fla Stat.”
Roger Chavez v. Mercantil Commercebank, N.A., 701 F.3d 896 (11th Cir. 2012). “” Fla. Stat. § 670.102 cmt. The article is meant to govern the rights, duties and liabilities of banks and their customers with respect to funds transfers, which may be initiated by a written payment order.”
Corfan Banco v. Ocean Bank, 715 So. 2d 967 (Fla. 3d DCA 1998). · cites it 2× “The Uniform Commercial Code Comment following section 670.102, Florida Statutes (1995), which delineates the subject matter for chapter 670, provides in part: In the drafting of Article 4A, a deliberate decision was made to write on a clean slate and to treat a funds transfer as…”
Gilbert & Caddy, P.A. v. JP Morgan Chase Bank, N.A., 193 F. Supp. 3d 1294 (S.D. Fla. 2016). · cites it 2× “See Fla. Stat. Ann. § 670.102 (emphasis added).”
Bancredit Cayman Ltd. v. Regions Bank Corp. (In Re Bancredit Cayman Ltd.), 419 B.R. 898 (Bankr. S.D. Florida 2009). · cites it 4× “Official Comment to Fla. Stat. § 670.102 (emphasis added). In this case, Defendant argues that because each of Plaintiffs common law claims stem from the allegedly unauthorized December 16, 2002 Funds Transfer, those claims should be displaced by Florida’s UCC.”
Peter E. Shapiro, P.A. v. Wells Fargo Bank, N.A., 352 F. Supp. 3d 1226 (S.D. Fla. 2018). · cites it 2× “Comment 2 to the statute reads, in relevant part: A very large percentage of payment orders issued to the beneficiary's bank by another bank are processed by automated means using machines capable of reading orders on standard formats that identify the beneficiary by an…”
Doherty v. Regions Bank (M.D. Fla. 2019). · cites it 2× “” Fla. Stat. § 670.102 . The U.C.C. was “intended to be the exclusive means of determining the rights, duties and liabilities of the affected parties in any situation covered by particular provisions of the Article.”
Peter E. Shapiro, P.A. v. Wells Fargo Bank N.A. (11th Cir. 2019). “” Fla. Stat. § 670.102 , Official Comment. And that is exactly what Wells Fargo did in this case.”
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