Montana Statutes

§ 30-2A-217 — Identification

Montana·Title 30 TRADE AND COMMERCE·Ch. 2A UNIFORM COMMERCIAL CODE LEASES·Part 2 Formation and Construction of Lease Contract

30-2A-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.

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Legislative History

En. Sec. 32, Ch. 410, L. 1991.

Nearby Sections

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