§ 34.1-9-506 — Effect of errors or omissions

(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 section 34.1-9-503(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 section 34.1-9-503(a), the name provided does
not make the financing statement seriously misleading.
(d) For purposes of section 34.1-9-508(b), the "debtor's
correct name" in subsection (c) means the correct name of the
new debtor.