Florida Statute 679.2011 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

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679.2011 General effectiveness of security agreement.—

(1) Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.

(2) Nothing in this chapter validates any charge or practice illegal under any statute or regulation thereunder governing usury, small loans, retail installment sales, or the like, or extends the application of any such statute or regulation to any transaction not otherwise subject thereto. A transaction, although subject to this chapter, is also subject to chapters 516 and 520, and in the case of conflict between the provisions of this chapter and any such statute, the provisions of such statute shall control. Failure to comply with any applicable statute has only the effect which is specified therein.

History.—s. 2, ch. 2001-198.

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Amendments to 679.2011

Annotations, Discussions, Cases:

Cases Citing Statute 679.2011

Total Results: 2 | Sort by: Relevance | Newest First

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In re Momentum Hosp. II, LLC, 418 B.R. 439 (Bankr. M.D. Fla. 2009).

Published | United States Bankruptcy Court, M.D. Florida | 22 Fla. L. Weekly Fed. B 126, 2009 Bankr. LEXIS 3467, 2009 WL 3669645

...Although the Debtors did not file a responsive pleading to both Motions to Dismiss asserted by the Grothers, the Debtors through their council at the hearing on both Motions to Dismiss that the Grothers are merely secured creditors whose rights are governed by Article 9 of the Uniform Commercial Code as adopted by Fla. Stat. § 679.2011 (2008)....

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In Re Momentum Hosp. III, LLC, 418 B.R. 442 (Bankr. M.D. Fla. 2009).

Published | United States Bankruptcy Court, M.D. Florida | 2009 Bankr. LEXIS 4117, 2009 WL 3734125

...asserted by the Grothers, the Debtors through their council at the hearing on both Motions to Dismiss that the Grothers are merely secured creditors whose rights *445 are governed by Article 9 of the Uniform Commercial Code as adopted by Fla. Stat. § 679.2011 (2008)....

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