Florida § 679.325 Priority of security interests in transferred collateral

Florida Statutes

§ 679.325 — Priority of security interests in transferred collateral

Florida § 679.325

TitleXXXIX

Ch. 679UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

This text of Florida § 679.325 (Priority of security interests in transferred collateral) 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. § 679.325 (2026).

Text

(1)Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

(a)The debtor acquired the collateral subject to the security interest created by the other person;

(b)The security interest created by the other person was perfected when the debtor acquired the collateral; and (c) There is no period thereafter during which the security interest is unperfected.

(2)Subsection (1) subordinates a security interest only if the security interest:

(a)Otherwise would have priority solely under s. 679.322(1) or s. 679.324; or (b) Arose solely under s. 672.711(3) or s. 680.508(5).

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(1) Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if: (a) The debtor acquired the collateral subject to the security interest created by the other person; (b) The security interest created by the other person was perfected when the debtor acquired the collateral; and (c) There is no period thereafter during which the security interest is unperfected.

(2) Subsection (1) subordinates a security interest only if the security interest: (a) Otherwise would have priority solely under s. 679.322(1) or s. 679.324; or (b) Arose solely under s. 672.711(3) or s. 680.508(5).