(a) A financing statement substantially satisfying the requirements of Alaska Stat. § 45.29.501 – 45.29.525 is effective, even if it has minor errors or omissions, unless the errors or omissions make the financing statement seriously misleading.
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(b) Except as otherwise provided in (c) of this section, a financing statement that fails sufficiently to provide the name of the debtor in accordance with Alaska Stat. § 45.29.503(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 Alaska Stat. § 45.29.503(a), the name provided does not make the financing statement seriously misleading.(d) For purposes of Alaska Stat. § 45.29.508(b), the “debtor’s correct name” in (c) of this section means the correct name of the new debtor.
