12A:2A-217 - IdentificationĀ
12A:2A-217. Identification 12A:2A-217.Ā Identification.
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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.Ā In the absence of explicit agreement, identification occurs:Ā
(1) when the lease contract is made if the lease contract is for a lease of goods that are existing and identified;Ā
(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; orĀ
(3) when the young are conceived, if the lease contract is for a lease of unborn young of animals.Ā
L.1994,c.114,s.1.Ā
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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.Ā In the absence of explicit agreement, identification occurs:Ā
(1) when the lease contract is made if the lease contract is for a lease of goods that are existing and identified;Ā
(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; orĀ
(3) when the young are conceived, if the lease contract is for a lease of unborn young of animals.Ā
L.1994,c.114,s.1.Ā
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