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FL H0483

Bill

Status

Engrossed

2/8/2012

Primary Sponsor

Kathleen Passidomo

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

CS/HB 483 - Uniform Commercial Code Amendments

  • Revises Florida's Uniform Commercial Code Article 9 (secured transactions) to conform with the revised Article 9 prepared by the National Conference of Commissioners on Uniform State Laws

  • Amends definitions related to authentication, certificates of title, jurisdiction of organization, registered organizations, and public organic records

  • Modifies requirements for financing statements, including provisions for debtor names, electronic chattel paper control, debtor location, and mortgage recordings

  • Creates transitional provisions (Part VIII) governing the effective date of July 1, 2013, including rules for security interests perfected before the effective date and continuation of financing statements filed under prior law

  • Effective date: July 1, 2013

Legislative Description

Uniform Commercial Code

Last Action

Ordered enrolled -HJ 1059

3/2/2012

Committee Referrals

Commerce and Tourism2/28/2012
Judiciary12/7/2011
Insurance And Banking Subcommittee11/18/2011
Civil Justice Subcommittee11/4/2011

Full Bill Text

No bill text available