CS/CS/SB 740: UCC/Letters of Credit
GENERAL BILL by Judiciary ; Commerce and Economic Opportunities ; Campbell
UCC/Letters of Credit; revises article 5 of Uniform Commercial Code re letters of credit; provides formal requirements; provides that consideration is unnecessary; provides for issuance, amendment, cancellation, & duration; specifies rights & obligations of confirmers, nominated persons, & advisers; provides issuer's rights & obligations; provides procedures for counteracting fraud & forgery, etc. Amends 95.11, 671.105, 672.512, 675.101-.117, 679.103-.106,.304,.305.
        
        Effective Date: 7/1/1999 07/01/1999
Last Action: 4/22/1999 - Approved by Governor; Chapter No. 99-137 -SJ 00887
Bill Text: Web Page | PDF
    
    
    Last Action: 4/22/1999 - Approved by Governor; Chapter No. 99-137 -SJ 00887
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action | 
|---|---|---|
| 1/19/1999 | Senate | 
                                    • Prefiled | 
                        
| 1/26/1999 | Senate | 
                                    • Referred to Commerce and Economic Opportunities; Judiciary | 
                        
| 2/9/1999 | Senate | 
                                    • On Committee agenda-- Commerce and Economic Opportunities, 02/16/99, 3:00 pm, Room-110S | 
                        
| 2/16/1999 | Senate | 
                                    • Comm. Action: CS by Commerce and Economic Opportunities | 
                        
| 2/19/1999 | Senate | 
                                    • Now in Judiciary | 
                        
| 3/2/1999 | Senate | 
                                    • Introduced, referred to Commerce and Economic Opportunities; Judiciary -SJ 00053; On Committee agenda-- Commerce and Economic Opportunities, 02/16/99, 3:00 pm, Room-110S; Comm. Action: CS by Commerce and Economic Opportunities -SJ 00015; CS read first time on 03/02/99 -SJ 00108; Now in Judiciary -SJ 00016 | 
                        
| 3/8/1999 | Senate | 
                                    • On Committee agenda-- Judiciary, 03/11/99, 10:45 am, Room-110S | 
                        
| 3/11/1999 | Senate | 
                                    • Comm. Action:-CS/CS by Judiciary -SJ 00257; CS read first time on 03/16/99 -SJ 00281 | 
                        
| 3/12/1999 | Senate | 
                                    • Placed on Calendar -SJ 00257 | 
                        
| 3/24/1999 | Senate | 
                                    • Placed on Special Order Calendar -SJ 00308; Read second time -SJ 00302 | 
                        
| 3/30/1999 | Senate | 
                                    • Read third time -SJ 00376; CS passed; YEAS  38  NAYS  0 -SJ 00376 | 
                        
| 4/6/1999 | Senate | 
                                    • Immediately certified -SJ 00428 | 
                        
| 4/6/1999 | House | 
                                    • In Messages | 
                        
| 4/8/1999 | House | 
                                    • Received, placed on Calendar -HJ 00518; Substituted for HB 515 -HJ 00531; Read second and third times -HJ 00532; CS passed; YEAS  113  NAYS  0 -HJ 00532 | 
                        
| 4/13/1999 | Senate | 
                                    • Ordered enrolled -SJ 00521 | 
                        
| 4/15/1999 | 
                                    • Signed by Officers and presented to Governor -SJ 00585 | 
                        |
| 4/22/1999 | 
                                    • Approved by Governor; Chapter No. 99-137 -SJ 00887 |