Florida Statute 678.3031 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 678
UNIFORM COMMERCIAL CODE: INVESTMENT SECURITIES

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F.S. 678.3031

678.3031 Protected purchaser.—

(1) “Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:

(a) Gives value.

(b) Does not have notice of any adverse claim to the security.

(2) In addition to acquiring the rights of a purchaser, a protected purchaser also acquires its interest in the security free of any adverse claim.

History.—s. 3, ch. 98-11.

Arrestable Offenses / Crimes under Fla. Stat. 678.3031

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 678.3031.

Total Results: 1

Court: District Court of Appeal of Florida | Date Filed: 2005-02-15

Citation: 892 So. 2d 1218, 2005 Fla. App. LEXIS 1444, 2005 WL 350321

Snippet: obtains control of the stock certificate. Id. § 678.3031(1). The law firm is a protected purchaser because