47-2A217. Identification
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:
1. When the lease contract is made if the lease contract is for a lease of goods that are existing and identified;
2. 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
3. When the young are conceived, if the lease contract is for a lease of unborn young of animals.
Section: Previous 47-2a210 47-2a211 47-2a212 47-2a213 47-2a214 47-2a215 47-2a216 47-2a217 47-2a218 47-2a219 47-2a220 47-2a221 47-2a301 47-2a302 47-2a303 NextLast modified: October 13, 2016