Florida Statute 679.332 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

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F.S. 679.332

679.332 Transfer of money; transfer of funds from deposit account; transfer of electronic money.—

(1) A transferee of tangible money takes the money free of a security interest if the transferee receives possession of the money without acting in collusion with the debtor in violating the rights of the secured party.

(2) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account if the transferee receives the funds without acting in collusion with the debtor in violating the rights of the secured party.

(3) A transferee of electronic money takes the money free of a security interest if the transferee obtains control of the money without acting in collusion with the debtor in violating the rights of the secured party.

History.—s. 3, ch. 2001-198; s. 98, ch. 2025-92.

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Amendments to 679.332

Annotations, Discussions, Cases:

Cases Citing Statute 679.332

Total Results: 4

Marathon Petroleum Co. v. Aaron R. Cohe

599 F.3d 1255, 71 U.C.C. Rep. Serv. 2d (West) 302, 2010 U.S. App. LEXIS 5452, 52 Bankr. Ct. Dec. (CRR) 258, 2010 WL 918058

Court of Appeals for the Eleventh Circuit | Filed: Mar 16, 2010 | Docket: 71688

Cited 7 times | Published

CapitalSource’s cash collateral under Fla. Stat. § 679.332(2) (a replica of U.C.C. § 9-332(b)), which provides

Amegy Bank National Ass'n v. Deutsche Bank Corp.

917 F. Supp. 2d 1228, 2013 WL 132581, 2013 U.S. Dist. LEXIS 3996

District Court, M.D. Florida | Filed: Jan 10, 2013 | Docket: 65987917

Cited 2 times | Published

under U.C.C. § 9-332, codified at Fla. Stat. § 679.332, an innocent *1238transferee of money or funds

In re Tuscany Energy, LLC

561 B.R. 910, 2016 Bankr. LEXIS 4546, 63 Bankr. Ct. Dec. (CRR) 155

United States Bankruptcy Court, S.D. Florida. | Filed: Dec 30, 2016 | Docket: 65789372

Published

of the secured party.” E.g., Florida Statutes § 679.332. Requesting a pre-petition retainer for services

Marathon Petroleum Co. v. Aaron R. Cohen

Court of Appeals for the Eleventh Circuit | Filed: Mar 16, 2010 | Docket: 399545

Published

CapitalSource’s cash collateral under Fla. Stat. § 679.332(2) (a replica of U.C.C. § 9-332(b)), which provides