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U.C.C. - ARTICLE 2A - LEASES
..PART 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT

§ 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:

  • (a) when the lease contract is made if the lease contract is for a lease of goods that are existing and identified;
  • (b) 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
  • (c) when the young are conceived, if the lease contract is for a lease of unborn young of animals.
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© Copyright 2005 by The American Law Institute and the National Conference of Commissioners on Uniform State Laws; reproduced, published and distributed with the permission of the Permanent Editorial Board for the Uniform Commercial Code for the limited purposes of study, teaching, and academic research.