Florida Statutes

Fla. Stat. § 679.1101 (2025)

Security interests arising under chapter 672 or chapter 680.

✓ 2025 Florida Statutes — current through the 2025 Regular Session

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679.1101 Security interests arising under chapter 672 or chapter 680.—A security interest arising under s. 672.401, s. 672.505, s. 672.711(3), or s. 680.508(5) is subject to this chapter. However, until the debtor obtains possession of the goods:

(1) The security interest is enforceable, even if s. 679.2031(2)(c) has not been satisfied;

(2) Filing is not required to perfect the security interest;

(3) The rights of the secured party after default by the debtor are governed by chapter 672 or chapter 680; and

(4) The security interest has priority over a conflicting security interest created by the debtor.

History.—s. 1, ch. 2001-198; s. 151, ch. 2025-92.

Notes of Decisions

Cited in 1 case, 2011–2011 · leading case: Farm Credit of Nw. Florida v. Easom Peanut Co., 718 S.E.2d 590 (Ga. Ct. App. 2011).

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Farm Credit of Nw. Florida v. Easom Peanut Co., 718 S.E.2d 590 (Ga. Ct. App. 2011). · cites it 3× “Under OCGA § 11-9-110 and Fla. Stat. § 679.1101 , the growers, as sellers, retained a reservation of a security interest in the peanuts.”

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