Florida Statute 679.5061 | Lawyer Caselaw & Research

The 2024 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

Arrestable Offenses / Crimes under Fla. Stat. 679.5061

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 679.5061.

Annotations, Discussions, Cases:

Cases Citing Statute 679.5061

Total Results: 1

1944 Beach Boulevard, LLC v. Live Oak Banking Company

Court: Fla. | Date Filed: 2022-08-25T00:53:00-07:00

Snippet: safe harbor protection of section 679.5061(3)?” Reading section 679.5061 in its entirety, our answer is…. § 679.5061(3). As evinced by the Eleventh Circuit’s certified questions, section 679.5061(3) …questions concern the interpretation of section 679.5061(3), Florida Statutes (2021), which creates a safe…filing office’s standard search logic, if any.” § 679.5061(3). Collectively, the Eleventh Circuit’s questions…seriously misleading” and therefore ineffective. § 679.5061(2). Accordingly, it is unnecessary to reach