Arizona Revised Statutes

Ariz. Rev. Stat. § 47-9506 (2026)

Effect of errors or omissions

✓ text as last checked Oct. 2026 (this copy records no edition or section history)
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A. A financing statement substantially satisfying the requirements of this article 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 subsection C of this section, a financing statement that fails sufficiently to provide the name of the debtor in accordance with section 47-9503, subsection 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 section 47-9503, subsection A, the name provided does not make the financing statement seriously misleading.

D. For purposes of section 47-9508, subsection B, the "debtor's correct name" in subsection C of this section means the correct name of the new debtor.

Notes of Decisions
Cited in 2 cases, 1988–2014 · leading case: Sosa v. Marine Midland Auto. Fin. Corp., 763 P.2d 1387 (Ariz. Ct. App. 1988).
Sosa v. Marine Midland Auto. Fin. Corp., 763 P.2d 1387 (Ariz. Ct. App. 1988). · cites it 2× “See A.R.S. § 47-9506 and Scottsdale Discount Corp.”
State v. Andrus, No. 1 CA-CR 13-0367 (Ariz. Ct. App. Aug. 5, 2014). · cites it 2× “See A.R.S. § 47-9506(A) (stating that minor errors or omissions do not invalidate a financing statement that substantially satisfies the requirements of Title 47).”
Ariz. Rev. Stat. § 47-9506(A): 1 case
State v. Andrus, No. 1 CA-CR 13-0367 (Ariz. Ct. App. Aug. 5, 2014). “See A.R.S. § 47-9506(A) (stating that minor errors or omissions do not invalidate a financing statement that substantially satisfies the requirements of Title 47).”
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