N.J.S.A. 12A:2A-217 — Identification

12A:2A-217. Identification 12A: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. L.1994,c.114,s.1.

This is the verbatim text of N.J.S.A. 12A:2A-217, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.