2010 Georgia Code
TITLE 11 - COMMERCIAL CODE
ARTICLE 9 - SECURED TRANSACTIONS
PART 5 - FILING
PART 1 - FILING OFFICE; CONTENTS AND EFFECTIVENESS OF FINANCING STATEMENT
§ 11-9-518 - Inaccurate or wrongfully filed record
. Inaccurate or wrongfully filed record.
(a) Correction statement. A person may file a correction statement with respect to a record indexed under the person's name if the person believes that the record is inaccurate or was wrongfully filed. The correction statement shall be filed in the filing office of the county where the record was 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.
Graham Syfert - Jacksonville Lawyer