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The Florida Statutes

The 2001 Florida Statutes

Title XXXIX
Commercial Relations
Chapter 679
Uniform Commercial Code: Secured Transactions
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Section 679.510, Florida Statutes 2001

679.510  Effectiveness of filed record.--

(1)  Subject to subsection (3), a filed record is effective only to the extent that it was filed by a person who may file it under s. 679.509.

(2)  A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.

(3)  If a person may file a termination statement only under s. 679.509(3)(b), the filed termination statement is effective only if the debtor authorizes the filing and the termination statement indicates that the debtor authorized it to be filed.

(4)  A continuation statement that is not filed within the 6-month period prescribed by s. 679.515(4) is ineffective.

History.--s. 6, ch. 2001-198.