Online Sunshine Logo
Official Internet Site of the Florida Legislature
August 26, 2019
Text: 'NEW Advanced Legislative Search'
Interpreter Services for the Deaf and Hard of Hearing
Go to MyFlorida House
Select Year:  
The Florida Statutes

The 2019 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS
Chapter 673
UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS
View Entire Chapter
F.S. 673.2021
673.2021 Negotiation subject to rescission.
(1) Negotiation is effective even if obtained:
(a) From an infant, a corporation exceeding its powers, or a person without capacity;
(b) By fraud, duress, or mistake; or
(c) In breach of duty or as part of an illegal transaction.
(2) To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.
History.s. 2, ch. 92-82.