(1) A financing statement substantially complying with the requirements of this part is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.
(2) Except as otherwise provided in subsection (3), a financing statement that fails sufficiently to provide the name of the debtor in accordance with s. 679.5031(1) is seriously misleading.
(3) 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 s. 679.5031(1), the name provided does not make the financing statement seriously misleading.
(4) For purposes of s. 679.508(2), the term “debtor’s correct name” as used in subsection (3) means the correct name of the new debtor.
History.—s. 6, ch. 2001-198.
Structure Florida Statutes
Title XXXIX - Commercial Relations
Chapter 679 - Uniform Commercial Code: Secured Transactions
Part V - Filing (Ss. 679.5011-679.527)
679.5031 - Name of debtor and secured party.
679.5041 - Indication of collateral.
679.5061 - Effect of errors or omissions.
679.5071 - Effect of certain events on effectiveness of financing statement.
679.508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.
679.509 - Persons entitled to file a record.
679.510 - Effectiveness of filed record.
679.511 - Secured party of record.
679.512 - Amendment of financing statement.
679.513 - Termination statement.
679.514 - Assignment of powers of secured party of record.
679.515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.
679.516 - What constitutes filing; effectiveness of filing.
679.517 - Effect of indexing errors.
679.518 - Claim concerning inaccurate or wrongfully filed record.
679.520 - Acceptance and refusal to accept record.
679.521 - Uniform form of written financing statement and amendment.
679.522 - Maintenance and destruction of records.
679.523 - Information from filing office; sale or license of records.
679.524 - Delay by filing office.