A financing statement substantially satisfying 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.
Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with Section 75-9-503(a) is seriously misleading.
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 75-9-503(a), the name provided does not make the financing statement seriously misleading.
For purposes of Section 75-9-508(b), the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
Structure Mississippi Code
Title 75 - Regulation of Trade, Commerce and Investments
Chapter 9 - Uniform Commercial Code-Secured Transactions
Subpart 1 - Filing Office; Contents and Effectiveness of Financing Statement
§ 75-9-503. Name of debtor and secured party
§ 75-9-504. Indication of collateral
§ 75-9-506. Effect of errors or omissions
§ 75-9-507. Effect of certain events on effectiveness of financing statement
§ 75-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement
§ 75-9-509. Persons entitled to file a record
§ 75-9-510. Effectiveness of filed record
§ 75-9-511. Secured party of record
§ 75-9-512. Amendment of financing statement
§ 75-9-513. Termination statement
§ 75-9-514. Assignment of powers of secured party of record
§ 75-9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§ 75-9-516. What constitutes filing; effectiveness of filing
§ 75-9-517. Effect of indexing errors
§ 75-9-518. Claim concerning inaccurate or wrongfully filed record