Florida Statutes
§ 678.3031 — Protected purchaser
Florida § 678.3031
This text of Florida § 678.3031 (Protected purchaser) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Fla. Stat. § 678.3031 (2026).
Text
(1)“Protected purchaser” means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(a)Gives value.
(b)Does not have notice of any adverse claim to the security.
(c)Obtains control of the certificated or uncertificated security.
(2)A protected purchaser acquires its interest in the security free of any adverse claim.
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Legislative History
s. 3, ch. 98-11; s. 66, ch. 2025-92.
Nearby Sections
15
§ 678.1011
Short title§ 678.1021
Definitions§ 678.1031
Rules for determining whether certain obligations and interests are securities or financial assets§ 678.1051
Notice of adverse claim§ 678.1061
Control§ 678.1081
Warranties in direct holding§ 678.1091
Warranties in indirect holding§ 678.1101
Applicability; choice of law§ 678.1111
Clearing corporation rules§ 678.1121
Creditor’s legal process§ 678.1131
Statute of frauds inapplicableCite This Page — Counsel Stack
Bluebook (online)
Florida § 678.3031, Counsel Stack Legal Research, https://law.counselstack.com/statute/fl/678.3031.