Fla. Stat. 679.3121
Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession

(1)

A security interest in chattel paper, negotiable documents, instruments, or investment property may be perfected by filing.

(2)

Except as otherwise provided in s. 679.3151(3) and (4) for proceeds:A security interest in a deposit account may be perfected only by control under s. 679.3141.And except as otherwise provided in s. 679.3081(4), a security interest in a letter-of-credit right may be perfected only by control under s. 679.3141.A security interest in money may be perfected only by the secured party’s taking possession under s. 679.3131.

(a)

A security interest in a deposit account may be perfected only by control under s. 679.3141.

(b)

And except as otherwise provided in s. 679.3081(4), a security interest in a letter-of-credit right may be perfected only by control under s. 679.3141.

(c)

A security interest in money may be perfected only by the secured party’s taking possession under s. 679.3131.

(3)

While goods are in the possession of a bailee that has issued a negotiable document covering the goods:A security interest in the goods may be perfected by perfecting a security interest in the document; andA security interest perfected in the document has priority over any security interest that becomes perfected in the goods by another method during that time.

(a)

A security interest in the goods may be perfected by perfecting a security interest in the document; and

(b)

A security interest perfected in the document has priority over any security interest that becomes perfected in the goods by another method during that time.

(4)

While goods are in the possession of a bailee that has issued a nonnegotiable document covering the goods, a security interest in the goods may be perfected by:Issuance of a document in the name of the secured party;The bailee’s receipt of notification of the secured party’s interest; orFiling as to the goods.

(a)

Issuance of a document in the name of the secured party;

(b)

The bailee’s receipt of notification of the secured party’s interest; or

(c)

Filing as to the goods.

(5)

A security interest in certificated securities, negotiable documents, or instruments is perfected without filing or the taking of possession or control for a period of 20 days from the time it attaches to the extent that it arises for new value given under an authenticated security agreement.

(6)

A perfected security interest in a negotiable document or goods in possession of a bailee, other than one that has issued a negotiable document for the goods, remains perfected for 20 days without filing if the secured party makes available to the debtor the goods or documents representing the goods for the purpose of:Ultimate sale or exchange; orLoading, unloading, storing, shipping, transshipping, manufacturing, processing, or otherwise dealing with them in a manner preliminary to their sale or exchange.

(a)

Ultimate sale or exchange; or

(b)

Loading, unloading, storing, shipping, transshipping, manufacturing, processing, or otherwise dealing with them in a manner preliminary to their sale or exchange.

(7)

A perfected security interest in a certificated security or instrument remains perfected for 20 days without filing if the secured party delivers the security certificate or instrument to the debtor for the purpose of:Ultimate sale or exchange; orPresentation, collection, enforcement, renewal, or registration of transfer.

(a)

Ultimate sale or exchange; or

(b)

Presentation, collection, enforcement, renewal, or registration of transfer.

(8)

After the 20-day period specified in subsection (5), subsection (6), or subsection (7) expires, perfection depends upon compliance with this chapter.

Source: Section 679.3121 — Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession, https://www.­flsenate.­gov/Laws/Statutes/2024/0679.­3121 (accessed Aug. 7, 2025).

679.319
Rights and title of consignee with respect to creditors and purchasers 679.320
Buyer of goods 679.321
Licensee of general intangible and lessee of goods in ordinary course of business 679.322
Priorities among conflicting security interests in and agricultural liens on same collateral 679.323
Future advances 679.324
Priority of purchase-money security interests 679.325
Priority of security interests in transferred collateral 679.326
Priority of security interests created by new debtor 679.327
Priority of security interests in deposit account 679.328
Priority of security interests in investment property 679.329
Priority of security interests in letter-of-credit right 679.330
Priority of purchaser of chattel paper or instrument 679.331
Priority of rights of purchasers of instruments, documents, and securities under other articles 679.332
Transfer of money 679.333
Priority of certain liens arising by operation of law 679.334
Priority of security interests in fixtures and crops 679.335
Accessions 679.336
Commingled goods 679.337
Priority of security interests in goods covered by certificate of title 679.338
Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information 679.339
Priority subject to subordination 679.340
Effectiveness of right of recoupment or set-off against deposit account 679.341
Bank’s rights and duties with respect to deposit account 679.342
Bank’s right to refuse to enter into or disclose existence of control agreement 679.3011
Law governing perfection and priority of security interests 679.3021
Law governing perfection and priority of agricultural liens 679.3031
Law governing perfection and priority of security interests in goods covered by a certificate of title 679.3041
Law governing perfection and priority of security interests in deposit accounts 679.3051
Law governing perfection and priority of security interests in investment property 679.3061
Law governing perfection and priority of security interests in letter-of-credit rights 679.3071
Location of debtor 679.3081
When security interest or agricultural lien is perfected 679.3091
Security interest perfected upon attachment 679.3101
When filing required to perfect security interest or agricultural lien 679.3111
Perfection of security interests in property subject to certain statutes, regulations, and treaties 679.3121
Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money 679.3131
When possession by or delivery to secured party perfects security interest without filing 679.3141
Perfection by control 679.3151
Secured party’s rights on disposition of collateral and in proceeds 679.3161
Continued perfection of security interest following change in governing law 679.3171
Interests that take priority over or take free of security interest or agricultural lien 679.3181
No interest retained in right to payment that is sold

Current through Fall 2025

§ 679.3121. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, & money; perfection by permissive filing; temporary perfection without filing or transfer of possession's source at flsenate​.gov