# Fla. Stat. § 671.208: 671.208 Option to accelerate at will

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.208

## Section

- **Citation:** Fla. Stat. § 671.208
- **Heading:** 671.208 Option to accelerate at will
- **Jurisdiction:** Florida
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Florida Code / Title XXXIX / Chapter 671 / Part II / Section 671.208

## Text

A term providing that one party or the party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at will” or “when she or he deems herself or himself insecure” or in words of similar import must be construed to mean that she or he has power to do so only if she or he in good faith believes that the prospect of payment or performance is impaired. The burden of establishing lack of good faith is on the party against whom the power has been exercised.

History: s. 1, ch. 65-254; s. 555, ch. 97-102; s. 14, ch. 2007-134.

## Nearby sections

- [Fla. Stat. § 671.21 671.21 Presumptions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.21.md)
- [Fla. Stat. § 671.201 671.201 General definitions.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.201.md)
- [Fla. Stat. § 671.202 671.202 Prima facie evidence by third-party documents.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.202.md)
- [Fla. Stat. § 671.203 671.203 Obligation of good faith.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.203.md)
- [Fla. Stat. § 671.204 671.204 Actions taken within reasonable time; seasonably.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.204.md)
- [Fla. Stat. § 671.205 671.205 Course of performance; course of dealing; usage of trade.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.205.md)
- [Fla. Stat. § 671.207 671.207 Performance or acceptance under reservation of rights.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.207.md)
- [Fla. Stat. § 671.208 671.208 Option to accelerate at will.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.208.md)
- [Fla. Stat. § 671.209 671.209 Notice; knowledge.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.209.md)
- [Fla. Stat. § 671.211 671.211 Value.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.211.md)
- [Fla. Stat. § 671.212 671.212 Relation to Electronic Signatures in Global and National Commerce Act.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.212.md)
- [Fla. Stat. § 671.213 671.213 Subordinated obligations.](https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.213.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.208. Check the current official text before relying on it. Not legal advice.