D.C. Code § 28:9-506
This is the official text of D.C. Code § 28:9-506, part of District of Columbia’s Code — part of the compiled statutory law of District of Columbia, published by the state as "Code." Browse the sections below, each linked to its official government source.
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§ 28:9-506. Effect of errors or omissions.
Official statutory text
(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 subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with § 28:9-503(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 § 28:9-503(a) , the name provided does not make the financing statement seriously misleading.
(d) For purposes of § 28:9-508(b) , the “debtor’s correct name” in subsection (c) means the correct name of the new debtor.
(b) Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with § 28:9-503(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 § 28:9-503(a) , the name provided does not make the financing statement seriously misleading.
(d) For purposes of § 28:9-508(b) , the “debtor’s correct name” in subsection (c) means the correct name of the new debtor.
Status: in_force · Read it on the official government site
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