KRS 355.9-506: Effect of errors or omissions.

(1) A financing statement substantially satisfying the requirements of this part of this

article is effective, even if it has minor errors or omissions, unless the errors or

omissions make the financing statement seriously misleading.

(2) Except as otherwise provided in subsection (3) of this section, a financing statement

that fails sufficiently to provide the name of the debtor in accordance with KRS

355.9-503(1) is seriously misleading.

(3) If a search of the records of the filing office under the debtor's c orrect 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 KRS

355.9-503(1), the name provided does not make the financing statemen t seriously

misleading.

(4) For purposes of KRS 355.9 -508(2), the "debtor's correct name" in subsection (3) of

this section means the correct name of the new debtor.