Mississippi Code
Miss. Code Ann. § 75-9-506 (2026)
Effect of errors or omissions
✓ current as of July 2026
- (a) 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) Except as otherwise provided in subsection (c), a financing statement that fails sufficiently to provide the name of the debtor in accordance with Section 75-9-503(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 Section 75-9-503(a), the name provided does not make the financing statement seriously misleading.
- (d) For purposes of Section 75-9-508(b), the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
Former 1972 Code § 75-9-506 [Codes, 1942, § 41A:9-506; Laws, 1966, ch. 316, § 9-506, eff. 3/31/1968] is now found in comparable provisions enacted at §§ 75-9-623 and 75-9-624 by Laws, 2001, ch. 495, § 1. Present § 75-9-506 was derived from former 1972 Code § 75-9-402 [Codes, 1942, § 41A:9-402; Laws, 1966, ch. 316, § 9-402; Laws, 1968, ch. 490, § 1; Laws, 1977, ch. 452, § 25, eff. 4/1/1978] and was enacted by Laws, 2001, ch. 495, § 1, eff. 1/1/2002.
Notes of Decisions
Cited in 4
cases, 1983–1992 · leading case: Dungan v. Dick Moore, Inc., 463 So. 2d 1094 (Miss. 1985).
Dungan v. Dick Moore, Inc., 463 So. 2d 1094 (Miss. 1985). “Miss. Code Ann. § 75-9-506 (1972). Section 89-1-59 applies only to secured installment transactions which are not covered by the Mississippi Uniform Commercial Code.”
Black v. Peoples Bank & Trust Co., 437 So. 2d 26 (Miss. 1983). “" Miss. Code Ann. § 75-9-506 (1972). Finally, in applying the law to the facts of this case, we must conclude that the trial court was in error when it granted the judgment non obstante veredicto.”
Assocs. Com. Corp. v. Parker Used Trucks, Inc., 601 So. 2d 398 (Miss. 1992). “Moreover, accepting the argument that satisfactory demand was made with the complaint abrogates the debtor's right to redeem the collateral pursuant to Miss. Code Ann. § 75-9-506 . Pursuant to § 75-9-506: At any time before the secured party has disposed of collateral or entered…”
Rankin Props., Ltd. v. Woodhollow Estates, 714 F. Supp. 800 (S.D. Miss. 1989). “Miss.Code Ann. § 75-9-506 (brackets and parentheticals in original; emphasis added).”
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