N.Y. UCC Law § 9-506

This is the official text of N.Y. UCC Law § 9-506, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.

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Effect of Errors or Omissions

Official statutory text

Section 9--506. Effect of Errors or Omissions.\n (a) Minor errors and omissions. A financing statement substantially\nsatisfying the requirements of this part is effective, even if it has\nminor errors or omissions, unless the errors or omissions make the\nfinancing statement seriously misleading.\n (b) Financing statement seriously misleading. Except as otherwise\nprovided in subsection (c), a financing statement that fails\nsufficiently to provide the name of the debtor in accordance with\nSection 9--503(a) is seriously misleading.\n (c) Financing statement not seriously misleading. If a search of the\nrecords of the filing office under the debtor's correct name, using the\nfiling office's standard search logic, if any, would disclose a\nfinancing statement that fails sufficiently to provide the name of the\ndebtor in accordance with Section 9--503(a), the name provided does not\nmake the financing statement seriously misleading.\n (d) "Debtor's correct name." For purposes of Section 9--508(b), the\n"debtor's correct name" in subsection (c) means the correct name of the\nnew debtor.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.