4-9-506. Effect of errors or omissions.
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(a)A financing statement substantially satisfying the requirements of this part 5 is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.
(b)Except as otherwise provided in subsection
(c)of this section, a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 4-9-503
(a)is seriously misleading.
(c)If a search of the records of the filing office under the debtor's correct name, using the filing office's standard search logic, if any, would disclose a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 4-9-503 (a), the name provided does not make the financing statement seriously misleading.
(d)For purposes of section 4-9-508 (b), the "debtor's correct name" in subsection
(c)of this section means the correct name of the new debtor.