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Florida Statute 679.515 - Full Text and Legal Analysis
Florida Statute 679.515 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 679.515 Case Law from Google Scholar Google Search for Amendments to 679.515

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS
View Entire Chapter
F.S. 679.515
679.515 Duration and effectiveness of financing statement; effect of lapsed financing statement.
(1) Except as otherwise provided in subsections (2), (5), (6), and (7), a filed financing statement is effective for a period of 5 years after the date of filing.
(2) Except as otherwise provided in subsections (5), (6), and (7), an initial financing statement filed in connection with a manufactured-home transaction is effective for a period of 30 years after the date of filing if it indicates that it is filed in connection with a manufactured-home transaction.
(3) The effectiveness of a filed financing statement lapses on the expiration of the period of its effectiveness unless, before the lapse, a continuation statement is filed pursuant to subsection (4). Upon lapse, a financing statement ceases to be effective and any security interest or agricultural lien that was perfected by the financing statement becomes unperfected, unless the security interest is perfected without filing. If the security interest or agricultural lien becomes unperfected upon lapse, it is deemed never to have been perfected as against a purchaser of the collateral for value.
(4) A continuation statement may be filed only within 6 months before the expiration of the 5-year period specified in subsection (1) or the 30-year period specified in subsection (2), whichever is applicable.
(5) Except as otherwise provided in s. 679.510, upon timely filing of a continuation statement, the effectiveness of the initial financing statement continues for a period of 5 years commencing on the day on which the financing statement would have become ineffective in the absence of the filing. Upon the expiration of the 5-year period, the financing statement lapses in the same manner as provided in subsection (3), unless, before the lapse, another continuation statement is filed pursuant to subsection (4). Succeeding continuation statements may be filed in the same manner to continue the effectiveness of the initial financing statement.
(6) If a debtor is a transmitting utility and a filed initial financing statement so indicates, the financing statement is effective until a termination statement is filed.
(7) A record of a mortgage satisfying the requirements of chapter 697 that is effective as a fixture filing under s. 679.5021(3) remains effective as a financing statement filed as a fixture filing until the mortgage is released or satisfied of record or its effectiveness otherwise terminates as to the real property.
History.s. 6, ch. 2001-198; s. 13, ch. 2012-59.

F.S. 679.515 on Google Scholar

F.S. 679.515 on CourtListener

Amendments to 679.515


Annotations, Discussions, Cases:

Cases Citing Statute 679.515

Total Results: 3

Colony Beach & Tennis Club Ass'n v. Colony Lender, LLC (In re Colony Beach & Tennis Club, Inc.)

508 B.R. 468

United States Bankruptcy Court, M.D. Florida | Filed: Mar 21, 2014 | Docket: 65786141

Cited 2 times | Published

financing statement is expressly addressed in Section 679.515(3), Florida Statutes, which provides: “Upon

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

proper continuation statement had been filed. See § 679.515(1), (3), (4), Fla. Stat. (2008). [2] For the

Hennessey Capital SE, LLC v. David (In Re Miller Engineering, Inc.)

398 B.R. 473, 21 Fla. L. Weekly Fed. B 551, 2008 Bankr. LEXIS 3135

United States Bankruptcy Court, S.D. Florida. | Filed: Nov 24, 2008 | Docket: 1444308

Published

statement lapsed on October 10, 2005. Fla. Stat. § 679.515 provides for the duration and effectiveness of