§ 679.1061, Fla. Stat. · Part I. GENERAL PROVISIONS
Control of investment property.
Text — 2026 Florida Statutes
(1) A person has control of a certificated security, uncertificated security, or security entitlement as provided in s. 678.1061.
(2) A secured party has control of a commodity contract if:
(a) The secured party is the commodity intermediary with which the commodity contract is carried; or
(b) The commodity customer, secured party, and commodity intermediary have agreed that the commodity intermediary will apply any value distributed on account of the commodity contract as directed by the secured party without further consent by the commodity customer.
(3) A secured party having control of all security entitlements or commodity contracts carried in a securities account or commodity account has control over the securities account or commodity account.
Notes and commentary — not statutory text
History
s. 1, ch. 2001-198; s. 155, 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=0600-0699/0679/0679.html
- Text hash
- sha256 a6ab4c25723d341c706fbbbb6251a276680e924eda9301e061acbeb3261b3a00
- 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
Cited by 6 provisions
Provisions in this library whose text cites § 679.1061, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 679.2031, Fla. Stat.Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.Printed as s. 679.1061
- § 679.2071, Fla. Stat.Rights and duties of secured party having possession or control of collateral.Printed as s. 679.1061
- § 679.2081, Fla. Stat.Additional duties of secured party having control of collateral.Printed as s. 679.1061(2)
- § 679.3141, Fla. Stat.Perfection by control.Printed as s. 679.1061
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.