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§490:2A-217 - Identification.

     §490:2A-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. [L 1991, c 40, pt of §1]

 

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