# Fla. Stat. § 671.211: 671.211 Value

> Florida · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_FL_TXXXIX_C671_PII_S671.211

## Section

- **Citation:** Fla. Stat. § 671.211
- **Heading:** 671.211 Value
- **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 671.211

## Text

Except as otherwise provided with respect to negotiable instruments and bank collections as provided in chapter 669 and ss. 673.3031, 674.2101, and 674.2111, a person gives value for rights if the person acquires them:

(1) In return for a binding commitment to extend credit or for the extension of immediately available credit whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;

(2) As security for, or in total or partial satisfaction of, a preexisting claim;

(3) By accepting delivery under a preexisting contract for purchase; or

(4) In return for any consideration sufficient to support a simple contract.

History: s. 17, ch. 2007-134; s. 37, ch. 2025-92.

## 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_S671.211. Check the current official text before relying on it. Not legal advice.
