§ 679.508, Fla. Stat. · Part V. FILING
Effectiveness of financing statement if new debtor becomes bound by security agreement.
Text — 2026 Florida Statutes
(1) Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.
(2) If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under subsection (1) to be seriously misleading under the standard set forth in s. 679.5061:
(a) The financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within 4 months after, the new debtor becomes bound under s. 679.2031(4); and
(b) The financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than 4 months after the new debtor becomes bound under s. 679.2031(4) unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.
(3) This section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under s. 679.5071(1).
Notes and commentary — not statutory text
History
s. 6, ch. 2001-198.
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 a0c25b42bff2e1d80c919293a99a264275afdb39fa9ebe7e9027539fe03f8353
- 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
- § 679.2031, Fla. Stat.Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.Printed as s. 679.2031(4)
- § 679.5061, Fla. Stat.Effect of errors or omissions.Printed as s. 679.5061
- § 679.5071, Fla. Stat.Effect of certain events on effectiveness of financing statement.Printed as s. 679.5071(1)
Cited by 3 provisions
Provisions in this library whose text cites § 679.508, Fla. Stat.. Each shows the citation as that text prints it.
The Florida Statutes
- § 679.326, Fla. Stat.Priority of security interests created by new debtor.Printed as s. 679.508; ss. 679.508 and 679.3161(9)(a)
- § 679.5061, Fla. Stat.Effect of errors or omissions.Printed as s. 679.508(2)
- § 679.5071, Fla. Stat.Effect of certain events on effectiveness of financing statement.Printed as s. 679.508
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.