Skip to Navigation | Skip to Main Content | Skip to Site Map

MyFloridaHouse.gov | Mobile Site

Senate Tracker: Sign Up | Login

The Florida Senate

2009 Florida Statutes

SECTION 09
Persons accepting chattel mortgage as security for loans under
Section 687.09, Florida Statutes 2009

687.09  Persons accepting chattel mortgage as security for loans under $100 to cause amount as principal, interest, and fees to be inserted.--Every mortgagee accepting a mortgage on personal property as security for the repayment of a loan of money less than $100 shall cause to be stated in such mortgage, separately and distinctly, the several amounts secured as principal, interest and fees, and any mortgagee willfully violating the provisions of this section shall forfeit all interest and fees secured by such mortgage, and be entitled to recover only the principal sum.

History.--s. 7, ch. 5960, 1909; RGS 4857; CGL 6944.