There Is a Newer Version of the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 95 - Filing
Section 9506 - Effect of errors or omissions
§ 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.
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