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The Florida Senate

2002 Florida Statutes

SECTION 332
Transfer of money; transfer of funds from deposit account.
Section 679.332, Florida Statutes 2002

679.332  Transfer of money; transfer of funds from deposit account.--

(1)  A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

(2)  A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

History.--s. 3, ch. 2001-198.