Florida § 679.209 - Duties of secured party if account debtor has been notified of assignment.

Full text of Florida Florida Statutes § 679.209 — Duties of secured party if account debtor has been notified of assignment., with citation guidance and answers to common questions.

§ 679.209. Duties of secured party if account debtor has been notified of assignment.

(1) Except as otherwise provided in subsection (3), this section applies if: (a) There is no outstanding secured obligation; and (b) The secured party is not committed to make advances, incur obligations, or otherwise give value. (2) Within 10 days after receiving a signed demand by the debtor, a secured party shall send to an account debtor that has received notification under s. 669.106(2) or s. 679.4016(1) of an assignment to the secured party as assignee a signed record that releases the account debtor from any further obligation to the secured party. (3) This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.

Source: official Florida text · Last verified 2026-08-27

Frequently Asked Questions About Florida § 679.209

What does Florida Statutes § 679.209 cover?

Section 679.209 ("Duties of secured party if account debtor has been notified of assignment.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Florida § 679.209?

A common citation format is "Florida Statutes § 679.209" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Florida law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.

How does Florida § 679.209 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Florida.