Florida § 687.0303 - “Line of credit” defined.
Full text of Florida Florida Statutes § 687.0303 — “Line of credit” defined., with citation guidance and answers to common questions.
§ 687.0303. “Line of credit” defined.
(1) The term “line of credit,” whenever used in this chapter, means an arrangement under which one or more loans or advances of money may be made available to a debtor in one transaction or a series of related transactions. (2) The Legislature hereby declares that, as a matter of law, “line of credit,” as such term is defined in this section, is deemed to have been included in and governed by the provisions of this chapter as it existed prior to, on, and subsequent to July 1, 1979.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 687.0303
What does Florida Statutes § 687.0303 cover?
Section 687.0303 ("“Line of credit” defined.") 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 § 687.0303?
A common citation format is "Florida Statutes § 687.0303" (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 § 687.0303 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.