Fla. Stat. § 679.332 : Commercial Relations — Uniform Commercial Code: Secured Transactions — Transfer of money; transfer of funds from deposit account Date: 29 Mar 2016 TEXT PDF Current through Chapter 269 of the 2016 Legislative Session (1) A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party. (2) A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party. Fla. Stat. § 679.332 s.3, ch. 2001-198.