Florida Statute 678.2051 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES

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F.S. 678.2051

678.2051 Effect of unauthorized signature on security certificate.—An unauthorized signature placed on a security certificate before or in the course of issue is ineffective, but the signature is effective in favor of a purchaser for value of the certificated security if the purchaser is without notice of the lack of authority and the signing has been done by:

(1) An authenticating trustee, registrar, transfer agent, or other person entrusted by the issuer with the signing of the security certificate or of similar security certificates, or the immediate preparation for signing of any of them; or

(2) An employee of the issuer, or of any of the persons listed in subsection (1), entrusted with responsible handling of the security certificate.

History.—s. 2, ch. 98-11.

F.S. 678.2051 on Google Scholar

F.S. 678.2051 on Casetext

Amendments to 678.2051

Arrestable Offenses / Crimes under Fla. Stat. 678.2051

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 678.2051.

Annotations, Discussions, Cases:

Cases Citing Statute 678.2051

Total Results: 1

Mark Pennington v. Ocwen Loan Servicing, LLC

Court: District Court of Appeal of Florida | Date Filed: 2014-11-05

Citation: 151 So. 3d 52, 2014 WL 5740990

Snippet: in-dorsement from Countywide to Ocwen. See § 678.2051(1), Fla. Stat. But such was lacking here. Likewise