Uniform Commercial Code

U.C.C. - ARTICLE 2A - LEASES
..PART 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT

§ 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.