Florida Statutes Part II - General Definitions And Principles Of Interpretation (Ss. 671.201-671.213)

• 671.201 - General Definitions.
  Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other chapters of this code which...
• 671.202 - Prima Facie Evidence By Third-party Documents.
  A document in due form purporting to be a bill of lading, policy or certificate of insurance, official weigher’s or inspector’s certificate, consular invoice, or...
• 671.203 - Obligation Of Good Faith.
  Every contract or duty within this code imposes an obligation of good faith in its performance and enforcement.History.—s. 1, ch. 65-254; s. 10, ch. 2007-134.Note.—s....
• 671.204 - Actions Taken Within Reasonable Time; Seasonably.
  (1) Whether a time for taking an action required by this code is reasonable depends on the nature, purpose, and circumstances of the action.(2) An action is...
• 671.205 - Course Of Performance; Course Of Dealing; Usage Of Trade.
  (1) A “course of performance” is a sequence of conduct between the parties to a particular transaction that exists if:(a) The agreement of the parties with respect...
• 671.207 - Performance Or Acceptance Under Reservation Of Rights.
  (1) A party who, with explicit reservation of rights, performs or promises performance or assents to performance in a manner demanded or offered by the other...
• 671.208 - Option To Accelerate At Will.
  A term providing that one party or the party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will”...
• 671.209 - Notice; Knowledge.
  (1) Subject to subsection (6), a person has “notice” of a fact if the person:(a) Has actual knowledge of it;(b) Has received a notice or notification of it;...
• 671.21 - Presumptions.
  Whenever this code creates a “presumption” with respect to a fact or provides that a fact is “presumed,” the trier of fact must find the...
• 671.211 - Value.
  Except as otherwise provided with respect to negotiable instruments and bank collections as provided in ss. 673.3031, 674.2101, and 674.2111, a person gives value for...
• 671.212 - Relation To Electronic Signatures In Global And National Commerce Act.
  This code modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. ss. 7001 et seq., except that nothing...
• 671.213 - Subordinated Obligations.
  An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to performance...

Last modified: September 23, 2016