N.Y. U.C.C. Law § 2-A-217

Current through 2024 NY Law Chapters 1-59 and 61-121
Section 2-A-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.

N.Y. U.c.c. Law § 2-A-217