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Florida Statute 679.3121 - Full Text and Legal Analysis
Florida Statute 679.3121 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 679.3121 Case Law from Google Scholar Google Search for Amendments to 679.3121

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS
View Entire Chapter
F.S. 679.3121
679.3121 Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
(1) A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, instruments, investment property, or negotiable documents may be perfected by filing.
(2) Except as otherwise provided in s. 679.3151(3) and (4) for proceeds:
(a) A security interest in a deposit account may be perfected only by control under s. 679.3141.
(b) And except as otherwise provided in s. 679.3081(4), a security interest in a letter-of-credit right may be perfected only by control under s. 679.3141.
(c) A security interest in tangible money may be perfected only by the secured party’s taking possession under s. 679.3131.
(d) A security interest in electronic money may be perfected only by control under s. 679.3141.
(3) While goods are in the possession of a bailee that has issued a negotiable document covering the goods:
(a) A security interest in the goods may be perfected by perfecting a security interest in the document; and
(b) A security interest perfected in the document has priority over any security interest that becomes perfected in the goods by another method during that time.
(4) While goods are in the possession of a bailee that has issued a nonnegotiable document covering the goods, a security interest in the goods may be perfected by:
(a) Issuance of a document in the name of the secured party;
(b) The bailee’s receipt of notification of the secured party’s interest; or
(c) Filing as to the goods.
(5) A security interest in certificated securities, negotiable documents, or instruments is perfected without filing or the taking of possession or control for a period of 20 days from the time it attaches to the extent that it arises for new value given under a signed security agreement.
(6) A perfected security interest in a negotiable document or goods in possession of a bailee, other than one that has issued a negotiable document for the goods, remains perfected for 20 days without filing if the secured party makes available to the debtor the goods or documents representing the goods for the purpose of:
(a) Ultimate sale or exchange; or
(b) Loading, unloading, storing, shipping, transshipping, manufacturing, processing, or otherwise dealing with them in a manner preliminary to their sale or exchange.
(7) A perfected security interest in a certificated security or instrument remains perfected for 20 days without filing if the secured party delivers the security certificate or instrument to the debtor for the purpose of:
(a) Ultimate sale or exchange; or
(b) Presentation, collection, enforcement, renewal, or registration of transfer.
(8) After the 20-day period specified in subsection (5), subsection (6), or subsection (7) expires, perfection depends upon compliance with this chapter.
History.s. 3, ch. 2001-198; s. 64, ch. 2010-131; s. 87, ch. 2025-92.

F.S. 679.3121 on Google Scholar

F.S. 679.3121 on CourtListener

Amendments to 679.3121


Annotations, Discussions, Cases:

Cases Citing Statute 679.3121

Total Results: 4

In Re Delco Oil, Inc.

365 B.R. 246, 57 Collier Bankr. Cas. 2d 1373, 62 U.C.C. Rep. Serv. 2d (West) 257, 2007 Bankr. LEXIS 998, 2007 WL 879987

United States Bankruptcy Court, M.D. Florida | Filed: Mar 21, 2007 | Docket: 2504401

Cited 5 times | Published

proceeds therefrom. Pursuant to Florida Statutes § 679.3121(2)(a), a signed Bank Account Control Agreement

Charlotte Development Partners, LLC v. Tricom Pictures & Productions, Inc.

33 So. 3d 690, 71 U.C.C. Rep. Serv. 2d (West) 182, 2009 Fla. App. LEXIS 18426, 2009 WL 4282939

District Court of Appeal of Florida | Filed: Dec 2, 2009 | Docket: 1648901

Cited 1 times | Published

party's taking possession under s. 679.3131." § 679.3121(2)(c), Fla. Stat. (2008).[4] While the money

In Re Royal West Properties, Inc.

441 B.R. 158, 22 Fla. L. Weekly Fed. B 637, 2010 Bankr. LEXIS 4902, 54 Bankr. Ct. Dec. (CRR) 44

United States Bankruptcy Court, S.D. Florida. | Filed: Dec 29, 2010 | Docket: 2056855

Published

a UCC-1 financing statement under Fla. Stat. § 679.3121(1), or have possession of the original Mortgage

In Re Maison Grande Condominium Ass'n, Inc.

425 B.R. 684, 72 U.C.C. Rep. Serv. 2d (West) 575, 22 Fla. L. Weekly Fed. B 257, 63 Collier Bankr. Cas. 2d 872, 2010 Bankr. LEXIS 185, 52 Bankr. Ct. Dec. (CRR) 197

United States Bankruptcy Court, S.D. Florida. | Filed: Jan 13, 2010 | Docket: 2557905

Published

possession or control of the cash. See Fla. Stat. § 679.3121(2). There is no evidence that, assuming a security