Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 2744
Barcode 220114
CHAMBER ACTION
Senate House
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11 The Committee on Banking and Insurance (Atwater) recommended
12 the following amendment to amendment (604946):
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14 Senate Amendment (with title amendment)
15 On page 115, between lines 19 and 20,
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18 Section 72. Effective upon becoming a law, subsection
19 (3) of section 679.705, Florida Statutes, is amended to read:
20 679.705 Effectiveness of action taken before effective
21 date.--
22 (3) This act does not render ineffective an effective
23 financing statement that, before this act takes effect, is
24 filed and satisfies the applicable requirements for perfection
25 under the law of the jurisdiction governing perfection as
26 provided in s. 679.103, Florida Statutes 2000. However, except
27 as otherwise provided in subsections (4) and (5) and s.
28 679.706, the financing statement ceases to be effective at the
29 earlier of:
30 (a) The time the financing statement would have ceased
31 to be effective under the law of the jurisdiction in which it
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10:42 AM 04/19/06 s2744c-bi25-tib
Florida Senate - 2006 COMMITTEE AMENDMENT
Bill No. SB 2744
Barcode 220114
1 is filed; or
2 (b) December 31, June 30, 2006.
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5 ================ T I T L E A M E N D M E N T ===============
6 And the title is amended as follows:
7 On page 125, line 13, after the second semicolon,
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9 and insert:
10 amending s. 679.705, F.S.; extending the time
11 that a financial statement is effective under
12 certain circumstances;
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