Utah Statutes

§ 70A-2a-217 — Identification.

Utah·Title 70A Uniform Commercial Code·Ch. 70A-2a Uniform Commercial Code - Leases·Part 70A-2a-2 Statute of Frauds, Seal, Offers, Warranties, Insurance

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

Enacted by Chapter 197, 1990 General Session

Nearby Sections

15
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