2006 Minnesota Statutes

336.9-518 CLAIM CONCERNING INACCURATE OR WRONGFULLY FILED RECORD.
(a) Correction statement. A person may file in the filing office a correction statement with
respect to a record indexed there under the person's name if the person believes that the record is
inaccurate or was wrongfully filed.
(b) Sufficiency of correction statement. A correction statement must:
(1) identify the record to which it relates by the file number assigned to the initial financing
statement to which the record relates;
(2) indicate that it is a correction statement; and
(3) provide the basis for the person's belief that the record is inaccurate and indicate the
manner in which the person believes the record should be amended to cure any inaccuracy or
provide the basis for the person's belief that the record was wrongfully filed.
(c) Record not affected by correction statement. The filing of a correction statement does
not affect the effectiveness of an initial financing statement or other filed record.
History: 2000 c 399 art 1 s 89