Fla. Stat. 671.211
Value

(1)

In return for a binding commitment to extend credit or for the extension of immediately available credit whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;

(2)

As security for, or in total or partial satisfaction of, a preexisting claim;

(3)

By accepting delivery under a preexisting contract for purchase; or

(4)

In return for any consideration sufficient to support a simple contract.

Source: Section 671.211 — Value, https://www.­flsenate.­gov/Laws/Statutes/2024/0671.­211 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 671.211. Value's source at flsenate​.gov