- (a) Minor errors and omissions. 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) Financing statement seriously misleading. Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with K.S.A. 2025 Supp. 84-9-503(a), and amendments thereto, 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 that fails sufficiently to provide the name of the debtor in accordance with K.S.A. 2025 Supp. 84-9-503(a), and amendments thereto, the name provided does not make the financing statement seriously misleading.
- (d) "Debtor's correct name." For purposes of K.S.A. 2025 Supp. 84-9-508(b), and amendments thereto, the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
L. 2000, ch. 142, § 77; July 1, 2001.