Florida Statute 673.6041 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 673
UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS

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F.S. 673.6041

673.6041 Discharge by cancellation or renunciation.—

(1) A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument:

(a) By an intentional voluntary act, such as:

1. Surrender of the instrument to the party;

2. Destruction, mutilation, or cancellation of the instrument;

3. Cancellation or striking out of the party’s signature; or

4. Addition of words to the instrument indicating discharge; or

(b) By agreeing not to sue or otherwise renouncing rights against the party by a signed writing.

(2) Cancellation or striking out of an indorsement pursuant to subsection (1) does not affect the status and rights of a party derived from the indorsement.

History.—s. 2, ch. 92-82.

F.S. 673.6041 on Google Scholar

F.S. 673.6041 on Casetext

Amendments to 673.6041

Arrestable Offenses / Crimes under Fla. Stat. 673.6041

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 673.6041.

Annotations, Discussions, Cases:

Cases Citing Statute 673.6041

Total Results: 4

LAURITSEN v. Wallace

Court: Fla. Dist. Ct. App. | Date Filed: 2011-04-01T00:00:00-07:00

Citation: 67 So. 3d 285, 2011 Fla. App. LEXIS 4666, 2011 WL 1195873

Snippet: the Probate Code. Appellee asserts that section 673.6041(1)(b), which governs negotiable instruments, permits…his son's obligation on the note. Section 673.6041(1)(b) provides that a person entitled to enforce…comports with Whitley and the requirements of section 673.6041(1)(b) that a debt may be cancelled by a signed

All Real Estate Title Services, Inc. v. Minqh Quang Vuu

Court: Fla. Dist. Ct. App. | Date Filed: 2010-11-17T00:00:00-08:00

Citation: 67 So. 3d 260, 2010 Fla. App. LEXIS 17636, 2010 WL 4630842

Snippet: 574 So.2d 306 (Fla. 1st DCA 1991); see also § 673.6041, Fla. Stat. (2001). A court may apply equitable

SS Funding LLC v. Phelan

Court: Fla. Dist. Ct. App. | Date Filed: 2008-05-28T00:00:00-07:00

Citation: 981 So. 2d 1282, 2008 Fla. App. LEXIS 7531, 2008 WL 2185225

Snippet: when it surrendered the 2002 Notes to Raltron. § 673.6041(l)(a), Fla. Stat. (2004). The trial court entered… Funding acknowledges that pursuant to section 673.6041(l)(a), “[a] person enti-tied to enforce an instrument…Florida, to Lin’s office in Taiwan. . Section 673.6041 provides in part as follows: (1) A person entitled

Cole Taylor Bank v. Shannon

Court: Fla. Dist. Ct. App. | Date Filed: 2000-09-01T00:53:00-07:00

Citation: 772 So. 2d 546

Snippet: the note here, may be discharged. Under section 673.6041(1)(a), Florida Statutes (1997), an instrument … pay the instrument by a signed writing. See § 673.6041(1)(b), Fla. Stat. (1997). Finally, in addition