Florida Statutes Section 679.332 - Transfer Of Money; Transfer Of Funds From Deposit Account. (Fla. Stat. § 679.332)

679.332 Transfer of money; transfer of funds from deposit account.—

(1) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

(2) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

History.—s. 3, ch. 2001-198.

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Last modified: September 23, 2016