Section 17: Consequences of other errors in the Registration

(1) An error in-
(a) the name or address of the Grantor;
(b) the maximum amount for which the security interest may be enforced; or
(c) the name or address of the creditor does not render the registered Financing Statement ineffective.
(2) An error in the collateral description other than in the serial number may render the registered Financing Statement ineffective with respect to that collateral if the error seriously misleads the searcher.
(3) An incorrect description of some collateral shall not render the registered Financing Statement ineffective with respect to other collateral sufficiently described.
(4) An error in other information does not render the registered Financing Statement ineffective.