Priority of security interests in transferred collateral.
F.S. 679.325
in effect(1)
Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:
(a)
The debtor acquired the collateral subject to the security interest created by the other person;
(b)
The security interest created by the other person was perfected when the debtor acquired the collateral; and
(c)
There is no period thereafter during which the security interest is unperfected.
(2)
Subsection (1) subordinates a security interest only if the security interest:
(a)
Otherwise would have priority solely under s. 679.322(1) or s. 679.324; or
(b)
Arose solely under s. 672.711(3) or s. 680.508(5).
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter679/AllFetched: 7/8/2026