§ 8.2A-217. 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 when:
(a) The lease contract is made if the lease contract is for a lease of goods that are existing and identified;
(b) 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) The young are conceived, if the lease contract is for a lease of unborn young of animals.
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Last modified: April 3, 2009