§ 11-2A-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.

History. Code 1981, § 11-2A-217 , enacted by Ga. L. 1993, p. 633, § 1.