§ 679.3121, Fla. Stat. · Part III. PERFECTION AND PRIORITY
Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
Text — 2026 Florida Statutes
(1) A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, instruments, investment property, or negotiable documents may be perfected by filing.
(2) Except as otherwise provided in s. 679.3151(3) and (4) for proceeds:
(a) A security interest in a deposit account may be perfected only by control under s. 679.3141.
(b) And except as otherwise provided in s. 679.3081(4), a security interest in a letter-of-credit right may be perfected only by control under s. 679.3141.
(c) A security interest in tangible money may be perfected only by the secured party’s taking possession under s. 679.3131.
(d) A security interest in electronic money may be perfected only by control under s. 679.3141.
(3) While goods are in the possession of a bailee that has issued a negotiable document covering the goods:
(a) A security interest in the goods may be perfected by perfecting a security interest in the document; and
(b) A security interest perfected in the document has priority over any security interest that becomes perfected in the goods by another method during that time.
(4) While goods are in the possession of a bailee that has issued a nonnegotiable document covering the goods, a security interest in the goods may be perfected by:
(a) Issuance of a document in the name of the secured party;
(b) The bailee’s receipt of notification of the secured party’s interest; or
(c) Filing as to the goods.
(5) A security interest in certificated securities, negotiable documents, or instruments is perfected without filing or the taking of possession or control for a period of 20 days from the time it attaches to the extent that it arises for new value given under a signed security agreement.
(6) A perfected security interest in a negotiable document or goods in possession of a bailee, other than one that has issued a negotiable document for the goods, remains perfected for 20 days without filing if the secured party makes available to the debtor the goods or documents representing the goods for the purpose of:
(a) Ultimate sale or exchange; or
(b) Loading, unloading, storing, shipping, transshipping, manufacturing, processing, or otherwise dealing with them in a manner preliminary to their sale or exchange.
Notes and commentary — not statutory text
History
s. 3, ch. 2001-198; s. 64, ch. 2010-131; s. 87, 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
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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
- § 679.3081, Fla. Stat.When security interest or agricultural lien is perfected; continuity of perfection.Printed as s. 679.3081(4)
- § 679.3131, Fla. Stat.When possession by or delivery to secured party perfects security interest without filing.Printed as s. 679.3131
- § 679.3141, Fla. Stat.Perfection by control.Printed as s. 679.3141
- § 679.3151, Fla. Stat.Secured party’s rights on disposition of collateral and in proceeds.Printed as s. 679.3151(3)
Cited by 3 provisions
Provisions in this library whose text cites § 679.3121, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 679.3101, Fla. Stat.When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.Printed as s. 679.3121(2); s. 679.3121(4)(a); s. 679.3121(5)
- § 679.323, Fla. Stat.Future advances.Printed as s. 679.3121(5)
- § 679.324, Fla. Stat.Priority of purchase-money security interests.Printed as s. 679.3121(6)
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.