diff --git a/libltdl/loaders/loadlibrary.c b/libltdl/loaders/loadlibrary.c
index 3c08f2e..3e65212 100644
--- a/libltdl/loaders/loadlibrary.c
+++ b/libltdl/loaders/loadlibrary.c
@@ -218,9 +218,11 @@ vm_open (lt_user_data LT__UNUSED loader_data, const char *filename,
           }
       }
 
-    if (cur || !module)
+    if (!module)
+      LOADLIB_SETERROR (CANNOT_OPEN);
+    else if (cur)
       {
-        LOADLIB_SETERROR (CANNOT_OPEN);
+        LT__SETERROR (CANNOT_OPEN);
         module = 0;
       }
   }