Florida § 679.3152 Perfection by possession and control of chattel paper

Florida Statutes

§ 679.3152 — Perfection by possession and control of chattel paper

Florida § 679.3152

TitleXXXIX

Ch. 679UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

This text of Florida § 679.3152 (Perfection by possession and control of chattel paper) 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. § 679.3152 (2026).

Text

(1)A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper.

(2)A security interest is perfected under subsection (1) not earlier than the time the secured party takes possession and obtains control and remains perfected under subsection (1) only while the secured party retains possession and control.

(3)Section 679.3131(3) and (5)-

(8)applies to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.

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(1) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper.

(2) A security interest is perfected under subsection (1) not earlier than the time the secured party takes possession and obtains control and remains perfected under subsection (1) only while the secured party retains possession and control.

(3) Section 679.3131(3) and (5)-(8) applies to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.