70A-2a-217. Identification.
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70A-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.
Enacted by Chapter 197 , 1990 General Session