Section 400.2A-217

Title XXVI TRADE AND COMMERCE

Chapter 400

Effective - 28 Aug 1992   

  400.2A-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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(L. 1992 S.B. 448)