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.