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Florida Statute 678.1121 - Full Text and Legal Analysis
Florida Statute 678.1121 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 678.1121 Case Law from Google Scholar Google Search for Amendments to 678.1121

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES
View Entire Chapter
F.S. 678.1121
678.1121 Creditor’s legal process.
(1) The interest of a debtor in a certificated security may be reached by a creditor only by actual seizure of the security certificate by the officer making the attachment or levy, except as otherwise provided in subsection (4). However, a certificated security for which the certificate has been surrendered to the issuer may be reached by a creditor by legal process upon the issuer.
(2) The interest of a debtor in an uncertificated security may be reached by a creditor only by legal process upon the issuer at its chief executive office in the United States, except as otherwise provided in subsection (4).
(3) The interest of a debtor in a security entitlement may be reached by a creditor only by legal process upon the securities intermediary with whom the debtor’s securities account is maintained, except as otherwise provided in subsection (4).
(4) The interest of a debtor in a certificated security for which the certificate is in the possession of a secured party, or in an uncertificated security registered in the name of a secured party, or a security entitlement maintained in the name of a secured party, may be reached by a creditor by legal process upon the secured party.
(5) A creditor whose debtor is the owner of a certificated security, uncertificated security, or security entitlement is entitled to aid from a court of competent jurisdiction, by injunction or otherwise, in reaching the certificated security, uncertificated security, or security entitlement or in satisfying the claim by means allowed at law or in equity in regard to property that cannot readily be reached by other legal process.
History.s. 1, ch. 98-11.

F.S. 678.1121 on Google Scholar

F.S. 678.1121 on CourtListener

Amendments to 678.1121


Annotations, Discussions, Cases:

Cases Citing Statute 678.1121

Total Results: 4

John G. Schanck v. William M. Gayhart and Debra L. Buchanan, etc.

245 So. 3d 970

District Court of Appeal of Florida | Filed: Apr 30, 2018 | Docket: 6379296

Cited 3 times | Published

to the certificates. The Estate relied on section 678.1121(5), Florida Statutes, which broadly authorizes

J.B. Harris, P.A. v. Virage Capital Management LP

District Court of Appeal of Florida | Filed: Nov 27, 2024 | Docket: 69420030

Published

securities. This procedure is outlined in section 678.1121, Florida Statutes. In pertinent part, it

Klauber v. First Federal Bank of Florida

198 So. 3d 762, 2016 Fla. App. LEXIS 2867, 2016 WL 746551

District Court of Appeal of Florida | Filed: Feb 26, 2016 | Docket: 3039677

Published

power to enter such an order. . See § 678.1121(5), Fla. Stat. (2014) (providing that a creditor

In Re Infolink Group, Inc.

447 B.R. 647, 2011 Bankr. LEXIS 824

United States Bankruptcy Court, S.D. Florida. | Filed: Feb 24, 2011 | Docket: 2065688

Published

Florida *652 law, specifically Florida Statute § 678.1121. Bankruptcy courts have jurisdiction over "civil