Fla. Stat. 678.2031
Staleness as notice of defect or defense

(1)

Requires the payment of money, the delivery of a certificated security, the registration of transfer of an uncertificated security, or any of them on presentation or surrender of the security certificate, the money or security is available on the date set for payment or exchange, and the purchaser takes the security more than one year after that date; or

(2)

Is not covered by paragraph (1) and the purchaser takes the security more than two years after the date set for surrender or presentation or the date on which performance became due.

Source: Section 678.2031 — Staleness as notice of defect or defense, https://www.­flsenate.­gov/Laws/Statutes/2024/0678.­2031 (accessed Aug. 7, 2025).

Current through Fall 2025

§ 678.2031. Staleness as notice of defect or defense's source at flsenate​.gov