Title 11, Chapter 9, Section 518
( 11-9-518)
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. |