HRS §490:9-506
When minor mistakes in a financing statement are okay
A financing statement is still valid if it has small errors, unless those errors make it seriously misleading. If the debtor's name is wrong, it is seriously misleading unless a search using the correct name would still find it. This section explains how to check that.
creditorsdebtorsfinancial institutions
The statute, as written — Effect of errors or omissions
(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 490:9-503(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 490:9-503(a), the name provided does not make the financing statement seriously misleading. (d) For purposes of section 490:9-508(b), the "debtor's correct name" in subsection (c) means the correct name of the new debtor.
Sections this one refers to
§490:9-503 How to list the debtor's name on a financing statement
§490:9-508 Financing statement when a new debtor takes over
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.