Miss. Code Ann. § 75-9-506

Effect of errors or omissions

Applied in 3 court decisions — leading case Black v. Peoples Bank and Trust Co. (1983)

Most recently applied in 601 So. 2d 398 - Associates Commercial Corp. v. Parker Used Trucks, Inc. (June 1992)

Former 1972 Code § 75-9-506 [Codes, 1942, § 41A:9-506; Laws, 1966, ch. 316, § 9-506, eff March 31, 1968] is now found in comparable provisions enacted at §§ 75-9-623 and 75-9-62…

How often courts cite this section

citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

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.

Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with Section 75-9-503(a) is 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 Section 75-9-503(a), the name provided does not make the financing statement seriously misleading.

For purposes of Section 75-9-508(b), the “debtor’s correct name” in subsection (c) means the correct name of the new debtor.

Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.