Section 2-A-217. Identification.\n Identification of goods as goods to which a lease contract refers may\nbe made at any time and in any manner explicitly agreed to by the\nparties. In the absence of explicit agreement, identification occurs:\n (1) when the lease contract is made if the lease contract is for a\nlease of goods that are existing and identified;\n (2) when the goods are shipped, marked, or otherwise designated by the\nlessor as goods to which the lease contract refers, if the lease\ncontract is for a lease of goods that are not existing and identified;\nor\n (3) when the young are conceived, if the lease contract is for a lease\nof unborn young of animals.\n
N.Y. U.C.C. 2-a-217
Identification
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.