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Florida Statute 678.1161 | Lawyer Caselaw & Research
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The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES
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F.S. 678.1161
678.1161 Securities intermediary as purchaser for value.—A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.
History.—s. 1, ch. 98-11.

F.S. 678.1161 on Google Scholar

F.S. 678.1161 on Casetext

Amendments to 678.1161


Arrestable Offenses / Crimes under Fla. Stat. 678.1161
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 678.1161.

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