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2000 Florida Statutes

SECTION 02
Executing mortgage on personalty without notifying mortgagee of prior mortgages.
Section 818.02, Florida Statutes 2000

818.02  Executing mortgage on personalty without notifying mortgagee of prior mortgages.--Whoever executes a second or subsequent mortgage of personal property and receives money or thing of value therein without first notifying the second or subsequent mortgagee of the existence of the prior mortgage or mortgages, whether the same be recorded or not, and of the amount of such prior indebtedness, shall be guilty of a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.

History.--s. 1, ch. 5708, 1907; RGS 5203; CGL 7317; s. 888, ch. 71-136.