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Florida Statute 672.603 | Lawyer Caselaw & Research
F.S. 672.603 Case Law from Google Scholar
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Link to State of Florida Official Statute Google Search for Amendments to 672.603

The 2023 Florida Statutes (including Special Session C)

Title XXXIX
COMMERCIAL RELATIONS
Chapter 672
UNIFORM COMMERCIAL CODE: SALES
View Entire Chapter
F.S. 672.603
672.603 Merchant buyer’s duties as to rightfully rejected goods.
(1) Subject to any security interest in the buyer (s. 672.711(3)) when the seller has no agent or place of business at the market of rejection a merchant buyer is under a duty after rejection of goods in her or his possession or control to follow any reasonable instructions received from the seller with respect to the goods and in the absence of such instructions to make reasonable efforts to sell them for the seller’s account if they are perishable or threaten to decline in value speedily. Instructions are not reasonable if on demand indemnity for expenses is not forthcoming.
(2) When the buyer sells goods under subsection (1), she or he is entitled to reimbursement from the seller or out of the proceeds for reasonable expenses of caring for and selling them, and if the expenses include no selling commission then to such commission as is usual in the trade or if there is none to a reasonable sum not exceeding 10 percent on the gross proceeds.
(3) In complying with this section the buyer is held only to good faith and good faith conduct hereunder is neither acceptance nor conversion nor the basis of an action for damages.
History.s. 1, ch. 65-254; s. 588, ch. 97-102.
Note.s. 2-603, U.C.C.

F.S. 672.603 on Google Scholar

F.S. 672.603 on Casetext

Amendments to 672.603


Arrestable Offenses / Crimes under Fla. Stat. 672.603
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 672.603.



Annotations, Discussions, Cases:

Cases from cite.case.law:

In EAST COAST BROKERS AND PACKERS, INC., 120 B.R. 221 (Bankr. M.D. Fla. 1990)

. . . . § 672.603. This testimony was countered by Tim Horwath (Hor-wath), a manager at Gonzales. . . .