§ 9506. Effect of errors or omissions.
(a) Minor errors and omissions.--A financing statement substantially satisfying the requirements of this chapter is effective even if it has minor errors or omissions unless the errors or omissions make the financing statement seriously misleading.
(b) Financing statement seriously misleading.--Except as otherwise provided in subsection (c), a financing statement which fails sufficiently to provide the name of the debtor in accordance with section 9503(a) (relating to sufficiency of debtor's name) is seriously misleading.
(c) Financing statement not 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 which fails sufficiently to provide the name of the debtor in accordance with section 9503(a), the name provided does not make the financing statement seriously misleading.
(d) Debtor's correct name.--For purposes of section 9508(b) (relating to effectiveness of financing statement if new debtor becomes bound by security agreement), the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
Cross References. Section 9506 is referred to in sections 9507, 9508 of this title.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Section 9503 - Name of debtor and secured party
Section 9504 - Indication of collateral
Section 9506 - Effect of errors or omissions
Section 9507 - Effect of certain events on effectiveness of financing statement
Section 9509 - Persons entitled to file a record
Section 9510 - Effectiveness of filed record
Section 9511 - Secured party of record
Section 9512 - Amendment of financing statement
Section 9513 - Termination statement
Section 9514 - Assignment of powers of secured party of record
Section 9516 - What constitutes filing; effectiveness of filing
Section 9517 - Effect of indexing errors
Section 9518 - Claim concerning inaccurate or wrongfully filed record
Section 9520 - Acceptance and refusal to accept record
Section 9521 - Uniform form of written financing statement and amendment
Section 9522 - Maintenance and destruction of records
Section 9523 - Information from filing office; sale or license of records
Section 9524 - Delay by filing office