Identification

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§2-1217. 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:   [PL 1991, c. 805, §4 (NEW).]

(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.  

SECTION HISTORY

PL 1991, c. 805, §4 (NEW).


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