Sec. 2A-217. Identification.
117 words·~1 min read·
/il/chapter-810/act-5/2a-217A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 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.