Florida Statutes Section 679.5061 - Effect Of Errors Or Omissions. (Fla. Stat. § 679.5061)

679.5061 Effect of errors or omissions.—

(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.

Section: Previous  679.5011  679.5021  679.5031  679.5041  679.5051  679.5061  679.5071  679.508  679.509  679.510  679.511  679.512  679.513  679.514  679.515  Next

Last modified: September 23, 2016