Florida Statute 679.601 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

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679.601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.—

(1) After default, a secured party has the rights provided in this part and, except as otherwise provided in s. 679.602, those provided by agreement of the parties. A secured party:

(a) May reduce a claim to judgment, foreclose, or otherwise enforce the claim, security interest, or agricultural lien by any available judicial procedure; and

(b) If the collateral is documents, may proceed either as to the documents or as to the goods they cover.

(2) A secured party in possession of collateral or control of collateral under s. 679.1041, s. 679.1051, s. 679.1052, s. 679.1053, s. 679.1061, or s. 679.1071 has the rights and duties provided in s. 679.2071.

(3) The rights under subsections (1) and (2) are cumulative and may be exercised simultaneously.

(4) Except as otherwise provided in subsection (7) and s. 679.605, after default, a debtor and an obligor have the rights provided in this part and by agreement of the parties.

(5) If a secured party has reduced its claim to judgment, the lien of any levy that may be made upon the collateral by virtue of an execution based upon the judgment relates back to the earliest of:

(a) The date of perfection of the security interest or agricultural lien in the collateral;

(b) The date of filing a financing statement covering the collateral; or

(6) A sale pursuant to an execution is a foreclosure of the security interest or agricultural lien by judicial procedure within the meaning of this section. A secured party may purchase at the sale and thereafter hold the collateral free of any other requirements of this chapter.

(7) Except as otherwise provided in s. 679.607(3), this part imposes no duties upon a secured party that is a consignor or is a buyer of accounts, chattel paper, payment intangibles, or promissory notes.

History.—s. 7, ch. 2001-198; s. 105, ch. 2025-92.

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Amendments to 679.601

Annotations, Discussions, Cases:

Cases Citing Statute 679.601

Total Results: 4

Muro v. Hermanos Auto Wholesalers, Inc.

514 F. Supp. 2d 1343, 64 U.C.C. Rep. Serv. 2d (West) 24, 2007 U.S. Dist. LEXIS 74418, 2007 WL 2729810

District Court, S.D. Florida | Filed: Sep 20, 2007 | Docket: 2492563

Cited 3 times | Published

version of the Uniform Commercial Code ("UCC"), § 679.601 Fla. Stat. et seq.[1] Plaintiffs Complaint arises

Beach Community Bank v. Disposal Services, LLC

199 So. 3d 1132, 2016 Fla. App. LEXIS 14159, 2016 WL 5118372

District Court of Appeal of Florida | Filed: Sep 21, 2016 | Docket: 4425534

Cited 2 times | Published

rejected the trustee’s argument, interpreting section 679.601, Florida Statutes, as neither dictating nor

Spellman v. Independent Bankers' Bank of Florida

161 So. 3d 505, 84 U.C.C. Rep. Serv. 2d (West) 333, 2014 Fla. App. LEXIS 12143, 2014 WL 3871264

District Court of Appeal of Florida | Filed: Aug 8, 2014 | Docket: 60247188

Cited 2 times | Published

simultaneously repossessing the Shares.- Under section 679.601(l)(a), Florida Statutes (2009), after a debtor

HOWARD AND ASSOCIATES ATTORNEYS AT LAW, P.A. and TIMOTHY HOWARD v. PROVIDENCE CAPITAL HOLDINGS, LLC

District Court of Appeal of Florida | Filed: Mar 4, 2020 | Docket: 16925824

Published

State of Florida.” Part of Florida’s UCC, section 679.601(1)(a), Florida Statutes (2019), generally describes

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