Florida statute
Fla. Stat. § 818.04 — Selling collateral security before debt due
Current through 2025 Florida Statutes
Part of Chapter 818: Sale of Mortgaged Personal Property; Similar Offenses, Florida Statutes.
Criminal charges under this statute
Full text of Fla. Stat. § 818.04
Statutory text current through the 2025 Florida Statutes. This publication reproduces the official statutory text; it is not the official statutes of the State of Florida.
Whoever holding any collateral security deposited with him or her for the payment of a debt which may be due him or her sells, pledges, loans or in any way disposes of the same, as his or her own, before such debt becomes due and payable, and without the authority of the person depositing the same, shall be guilty of a misdemeanor of the first degree, punishable as provided in s. 775.082 or s. 775.083.
Official sources
Legal terms used in this section
Questions this section answers
Is selling collateral security before debt due a felony or a misdemeanor in Florida?
Selling collateral security before debt due is a Misdemeanor of the First Degree in Florida under Fla. Stat. § 818.04.
Which Florida statute covers selling collateral security before debt due?
Selling collateral security before debt due is governed by Fla. Stat. § 818.04 (Selling collateral security before debt due).
This reference is informational and is not legal advice.