Florida Statutes Part IV - Rights Of Third Parties (Ss. 679.40111-679.409)

• 679.40111 - Alienability Of Debtor’s Rights.
  (1) Except as otherwise provided in subsection (2) and ss. 679.4061, 679.4071, 679.4081, and 679.409, whether a debtor’s rights in collateral may be voluntarily or involuntarily...
• 679.4021 - Secured Party Not Obligated On Contract Of Debtor Or In Tort.
  The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject...
• 679.4031 - Agreement Not To Assert Defenses Against Assignee.
  (1) In this section, the term “value” has the meaning provided in s. 673.3031(1).(2) Except as otherwise provided in this section, an agreement between an account debtor...
• 679.4041 - Rights Acquired By Assignee; Claims And Defenses Against Assignee.
  (1) Unless an account debtor has made an enforceable agreement not to assert defenses or claims, and subject to subsections (2) through (5), the rights of...
• 679.4051 - Modification Of Assigned Contract.
  (1) A modification of or substitution for an assigned contract is effective against an assignee if made in good faith. The assignee acquires corresponding rights under...
• 679.4061 - Discharge Of Account Debtor; Notification Of Assignment; Identification And Proof Of Assignment; Restrictions On Assignment Of Accounts, Chattel Paper, Payment Intangibles, And Promissory Notes Ineffective.
  (1) Subject to subsections (2) through (9), an account debtor on an account, chattel paper, or a payment intangible may discharge its obligation by paying the...
• 679.4071 - Restrictions On Creation Or Enforcement Of Security Interest In Leasehold Interest Or In Lessor’s Residual Interest.
  (1) Except as otherwise provided in subsection (2), a term in a lease agreement is ineffective to the extent that it:(a) Prohibits, restricts, or requires the consent...
• 679.4081 - Restrictions On Assignment Of Promissory Notes, Health-care-insurance Receivables, And Certain General Intangibles Ineffective.
  (1) Except as otherwise provided in subsection (2), a term in a promissory note or in an agreement between an account debtor and a debtor which...
• 679.409 - Restrictions On Assignment Of Letter-of-credit Rights Ineffective.
  (1) A term in a letter of credit or a rule of law, statute, regulation, custom, or practice applicable to the letter of credit which prohibits,...

Last modified: September 23, 2016