Alaska § 45.29.506 - Effect of errors or omissions.
Full text of Alaska Alaska Statutes § 45.29.506 — Effect of errors or omissions., with citation guidance and answers to common questions.
§ 45.29.506. Effect of errors or omissions.
(a) A financing statement substantially satisfying the requirements of AS 45.29.501 — 45.29.525 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 (c) of this section, a financing statement that fails sufficiently to provide the name of the debtor in accordance with AS 45.29.503 (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 AS 45.29.503 (a), the name provided does not make the financing statement seriously misleading.
(d) For purposes of AS 45.29.508 (b), the “debtor's correct name” in (c) of this section means the correct name of the new debtor.
Frequently Asked Questions About Alaska § 45.29.506
What does Alaska Statutes § 45.29.506 cover?
Section 45.29.506 ("Effect of errors or omissions.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 45.29.506?
A common citation format is "Alaska Statutes § 45.29.506" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 45.29.506 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.