Florida Statute 679.5061 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXIX
COMMERCIAL RELATIONS

Chapter 679
UNIFORM COMMERCIAL CODE: SECURED TRANSACTIONS

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F.S. 679.5061

679.5061 Effect of errors or omissions.—

(1) A financing statement substantially complying with 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.

(2) Except as otherwise provided in subsection (3), a financing statement that fails sufficiently to provide the name of the debtor in accordance with s. 679.5031(1) is seriously misleading.

(3) 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 s. 679.5031(1), the name provided does not make the financing statement seriously misleading.

(4) For purposes of s. 679.508(2), the term “debtor’s correct name” as used in subsection (3) means the correct name of the new debtor.

History.—s. 6, ch. 2001-198.

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Amendments to 679.5061

Annotations, Discussions, Cases:

Cases Citing Statute 679.5061

Total Results: 7

In Re John's Bean Farm of Homestead, Inc.

378 B.R. 385, 64 U.C.C. Rep. Serv. 2d (West) 454, 21 Fla. L. Weekly Fed. B 117, 2007 Bankr. LEXIS 3817, 49 Bankr. Ct. Dec. (CRR) 44

United States Bankruptcy Court, S.D. Florida. | Filed: Nov 1, 2007 | Docket: 1846120

Cited 9 times | Published

financing statement seriously misleading. Fla. Stat. § 679.5061(1) (the "Safe Harbor provision"). An error is

In Re Summit Staffing Polk County, Inc.

305 B.R. 347, 17 Fla. L. Weekly Fed. B 74, 2003 Bankr. LEXIS 1911, 2003 WL 23273254

United States Bankruptcy Court, M.D. Florida | Filed: Oct 15, 2003 | Docket: 1081774

Cited 6 times | Published

statement is seriously misleading is set forth in § 679.5061. 679.5061 Effect of errors or omissions (1) A

1944 Beach Boulevard, LLC v. Live Oak Banking Company

Court of Appeals for the Eleventh Circuit | Filed: Sep 29, 2022 | Docket: 65387125

Published

sary to trigger the safe harbor protection of section 679.5061(3)?” 1944 Beach Boulevard, LLC v. Live Oak

1944 Beach Boulevard, LLC v. Live Oak Banking Company

Supreme Court of Florida | Filed: Aug 25, 2022 | Docket: 64921104

Published

certified questions concern the interpretation of section 679.5061(3), Florida Statutes (2021), which creates

1944 Beach Boulevard, LLC v. Live Oak Banking Company

Court of Appeals for the Eleventh Circuit | Filed: Dec 10, 2021 | Docket: 61609676

Published

the creditor’s security in- terest. Fla. Stat. § 679.5061(2). There is no dispute that Live Oak’s financing

Regions Bank v. Official Committee of Unsecured Creditors (Camtech Precision Manufacturing, Inc.)

471 B.R. 293, 77 U.C.C. Rep. Serv. 2d (West) 200, 2012 WL 1105627, 2012 U.S. Dist. LEXIS 44579

District Court, S.D. Florida | Filed: Mar 30, 2012 | Docket: 2073064

Published

financing statement seriously misleading." Fla. Stat. § 679.5061(1); N.Y.U.C.C. 9-506(a) (emphasis supplied).

Official Committee of Unsecured Creditors v. Regions Bank (In Re Camtech Precision Manufacturing, Inc.)

443 B.R. 190

United States Bankruptcy Court, S.D. Florida. | Filed: Jan 31, 2011 | Docket: 2058962

Published

The corresponding statute under Florida law, § 679.5061. "Effect of errors or omissions" provides in