Florida Statute 678.2051 - Full Text and Legal Analysis

The 2025 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.

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Amendments to 678.2051

Annotations, Discussions, Cases:

Cases Citing Statute 678.2051

Total Results: 1

Mark Pennington v. Ocwen Loan Servicing, LLC

151 So. 3d 52, 2014 WL 5740990

District Court of Appeal of Florida | Filed: Nov 5, 2014 | Docket: 2593253

Cited 1 times | Published

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