California Commercial Code Section 9506
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California Laws > Commercial Code > California Commercial Code Section 9506
9506. (a) 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) Except as otherwise provided in subdivision (c), a financing
statement that fails sufficiently to provide the name of the debtor
in accordance with subdivision (a) of Section 9503 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
subdivision (a) of Section 9503, the name provided does not make the
financing statement seriously misleading.
(d) For purposes of subdivision (b) of Section 9508, the "debtor's
correct name" in subdivision (c) means the correct name of the new
debtor.
Section: 9506
Last modified: February 22, 2013
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