N.Y. Uniform Commercial Code Law § 9-506: Effect of Errors or Omissions

Section 9--506. Effect of Errors or Omissions.

(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

Section 9--503(a) 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 Section 9--503(a), the name provided does not

make the financing statement seriously misleading.

(d) "Debtor's correct name." For purposes of Section 9--508(b), the

"debtor's correct name" in subsection (c) means the correct name of the

new debtor.