Idaho Statutes

§ 28-12-217 — IDENTIFICATION

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Part 2. FORMATION AND CONSTRUCTION OF LEASE CONTRACT·Ch. 12 UNIFORM COMMERCIAL CODE — LEASES

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.

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Legislative History

[28-12-217, added 1993, ch. 287, sec. 1, p. 988.]

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