Go to previous versions of this Section
2023 (you are here)
2022
2021
View All Versions

2023 Arizona Revised Statutes
Title 47 - Uniform Commercial Code
§ 47-9506 - Effect of errors or omissions

Universal Citation:
AZ Rev Stat § 47-9506 (2023)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
Previous Next

47-9506. Effect of errors or omissions

A. A financing statement substantially satisfying the requirements of this article 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 subsection C of this section, a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 47-9503, subsection A 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 section 47-9503, subsection A, the name provided does not make the financing statement seriously misleading.

D. For purposes of section 47-9508, subsection B, the " debtor's correct name" in subsection C of this section means the correct name of the new debtor.

Previous Next
Disclaimer: These codes may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.