§ 6A-9-506. Effect of errors or omissions.
(a) Minor errors and omissions. 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.
(b) 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 § 6A-9-503(a) 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 that fails sufficiently to provide the name of the debtor in accordance with § 6A-9-503(a), the name provided does not make the financing statement seriously misleading.
(d) “Debtor’s correct name.” For purposes of § 6A-9-508(b), the “debtor’s correct name” in subsection (c) means the correct name of the new debtor.
History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-9 - Secured Transactions
Subpart 1 - Filing Office; Contents and Effectiveness of Financing Statement
Section 6A-9-501. - Filing office.
Section 6A-9-503. - Name of debtor and secured party.
Section 6A-9-504. - Indication of collateral.
Section 6A-9-506. - Effect of errors or omissions.
Section 6A-9-507. - Effect of certain events on effectiveness of financing statement.
Section 6A-9-509. - Persons entitled to file a record.
Section 6A-9-510. - Effectiveness of filed record.
Section 6A-9-511. - Secured party of record.
Section 6A-9-512. - Amendment of financing statement.
Section 6A-9-513. - Termination statement.
Section 6A-9-514. - Assignment of powers of secured party of record.
Section 6A-9-516. - What constitutes filing; effectiveness of filing.
Section 6A-9-517. - Effect of indexing errors.
Section 6A-9-518. - Claim concerning inaccurate or wrongfully filed record.