§ 671.211, Fla. Stat. · Part II. GENERAL DEFINITIONS ANDPRINCIPLES OF INTERPRETATION
Value.
Text — 2026 Florida Statutes
Except as otherwise provided with respect to negotiable instruments and bank collections as provided in chapter 669 and ss. 673.3031, 674.2101, and 674.2111, a person gives value for rights if the person acquires them:
(1) In return for a binding commitment to extend credit or for the extension of immediately available credit whether or not drawn upon and whether or not a chargeback is provided for in the event of difficulties in collection;
(2) As security for, or in total or partial satisfaction of, a preexisting claim;
(3) By accepting delivery under a preexisting contract for purchase; or
(4) In return for any consideration sufficient to support a simple contract.
Notes and commentary — not statutory text
History
s. 17, ch. 2007-134; s. 37, ch. 2025-92.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0671/0671.html
- Text hash
- sha256 4e257890f2639659fce2b3e0bce3f239e2725f630050a913498464f4d335fd04
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- Fla. Stat. ch. 669UNIFORM COMMERCIAL CODE: CONTROLLABLE ELECTRONICRECORDS AND TRANSITIONAL PROVISIONSPrinted as chapter 669
- § 673.3031, Fla. Stat.Value and consideration.Printed as ss. 673.3031, 674.2101, and 674.2111
- § 674.2101, Fla. Stat.Security interest of collecting bank in items, accompanying documents, and proceeds.Printed as ss. 673.3031, 674.2101, and 674.2111
- § 674.2111, Fla. Stat.When bank gives value for purposes of holder in due course.Printed as ss. 673.3031, 674.2101, and 674.2111
Cited by 1 provision
Provisions in this library whose text cites § 671.211, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
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