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.
Section: Previous 4-2a-208 4-2a-209 4-2a-210 4-2a-211 4-2a-212 4-2a-213 4-2a-214 4-2a-215 4-2a-216 4-2a-217 4-2a-218 4-2a-219 4-2a-220 4-2a-221 NextLast modified: November 15, 2016