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. [1989 c.676 §26]
Section: Previous 72A.2100 72A.2110 72A.2120 72A.2130 72A.2140 72A.2150 72A.2160 72A.2170 72A.2180 72A.2190 72A.2200 72A.2210 72A.3010 72A.3020 72A.3030 NextLast modified: August 7, 2008