{"data":{"id":"us-fl/fla.-stat.-679.2051","jurisdiction":"us-fl","citation":"Fla. Stat. § 679.2051","heading":"Use or disposition of collateral permissible.","body":"(1) A security interest is not invalid or fraudulent against creditors solely because:\n(a) The debtor has the right or ability to:\n1. Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;\n2. Collect, compromise, enforce, or otherwise deal with collateral;\n3. Accept the return of collateral or make repossessions; or\n4. Use, commingle, or dispose of proceeds; or\n(b) The secured party fails to require the debtor to account for proceeds or replace collateral.\n(2) This section does not relax the requirements of possession if attachment, perfection, or enforcement of a security interest depends upon possession of the collateral by the secured party.\nHistory.—s. 2, ch. 2001-198.","path":["CHAPTER 679 UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0679/0679.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:57Z","sha256":"fb308350c10f29fe3f074539d9fe7ecd961b057c11b781a2b3a63590eacec1cc","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-679.2041","next":"us-fl/fla.-stat.-679.2061"},"notice":"GroundRules: Original legal text. Not legal advice."}