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

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.