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2012 Statute



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84-2a-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:

(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.

History: L. 1991, ch. 295, § 26; Feb. 1, 1992.



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2019. Powered by KLISS. Rendered: 2019-09-19T04:21:55. Head Rev No: 345400