1. (a) A financing statement sufficiently provides the name of the debtor:

   1. (1) if the debtor is a registered organization, only if the financing statement provides the name of the debtor indicated on the debtor's formation documents that are filed of public record in the debtor's jurisdiction of organization to create the registered organization and that show the debtor to have been organized, including any amendments to those documents for the express purpose of amending the debtor's name;
   2. (2) if the debtor is a decedent's estate, only if the financing statement provides the name of the decedent and indicates that the debtor is an estate;

   3. (3) if the debtor is a trust or a trustee acting with respect to property held in trust, only if the financing statement:

      1. (A) provides the name specified for the trust in its organic documents or, if no name is specified, provides the name of the settlor and additional information sufficient to distinguish the debtor from other trusts having one or more of the same settlors; and
      2. (B) indicates, in the debtor's name or otherwise, that the debtor is a trust or is a trustee acting with respect to property held in trust;
   4. (4) if the debtor is an individual, if the financing statement provides the individual's name shown on the individual's driver's license or identification certificate issued by the individual's state of residence; and

   5. (5) in other cases:

      1. (A) if the debtor has a name, only if the financing statement provides the individual or organizational name of the debtor; and
      2. (B) if the debtor does not have a name, only if the financing statement provides the names of the partners, members, associates, or other persons comprising the debtor.

2. (b) A financing statement that provides the name of the debtor in accordance with Subsection (a) is not rendered ineffective by the absence of:

   1. (1) a trade name or other name of the debtor; or
   2. (2) unless required under Subsection (a)(4)(B), names of partners, members, associates, or other persons comprising the debtor.
3. (c) A financing statement that provides only the debtor's trade name does not sufficiently provide the name of the debtor.
4. (d) Failure to indicate the representative capacity of a secured party or representative of a secured party does not affect the sufficiency of a financing statement.
5. (e) A financing statement may provide the name of more than one debtor and the name of more than one secured party.

Amended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Acts 2007, 80th Leg., R.S., Ch. 565 (S.B. 1540), Sec. 1, eff. June 16, 2007.