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1997 Florida Statutes
SECTION 309
Effect of indorsement without delivery.
Effect of indorsement without delivery.
678.309 Effect of indorsement without delivery.--An indorsement of a certificated security, whether special or in blank, does not constitute a transfer until delivery of the certificated security on which it appears or, if the indorsement is on a separate document, until delivery of both the document and the certificated security.
History.--s. 1, ch. 65-254; s. 1, ch. 87-275.
Note.--s. 8-309, U.C.C.; supersedes ss. 674.33, 614.03, 614.12.