13 Pennsylvania Consolidated Statutes § 2a217 - Identification

§ 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.

Cross References. Section 2A217 is referred to in section 2A522 of this title.

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Last modified: October 8, 2016