§ 2A-217. Identification

Latest version.

   Identification of goods as goods to which a lease contract refers may be made at any time and in any manner explicitly agreed to by the parties. In the absence of explicit agreement, identification occurs:

   (a) When the lease contract is made if the lease contract is for a lease of goods that are existing and identified;

   (b) When the goods are shipped, marked or otherwise designated by the lessor as goods to which the lease contract refers, if the lease contract is for a lease of goods that are not existing and identified; or

   (c) When the young are conceived, if the lease contract is for a lease of unborn young of animals.

HISTORY: 1994, ch. 535.

                    
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