11 §2-1217. Identification
Title 11: UNIFORM COMMERCIAL CODE
Article 2-A: LEASES HEADING: PL 1991, C. 805, §4 (NEW)
Part 2: FORMATION AND CONSTRUCTION OF LEASE CONTRACT HEADING: PL 1991, C. 805, §4 (NEW)
§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: [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
1991, c. 805, §4 (NEW). 1991, c. 805, §4 (NEW). 1991, c. 805, §4 (NEW). 1991, c. 805, §4 (NEW).