Identification

810 ILCS 5/2A-217, under Formation And Construction Of Lease Contract.

810 ILCS 5/2A-217

(810 ILCS 5/2A-217) (from Ch. 26, par. 2A-217)

    Sec. 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:

        (a) when the lease contract is made if the lease     contract is for a lease of goods that are existing and identified;

        (b) 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

        (c) when the young are conceived, if the lease     contract is for a lease of unborn young of animals. (Source: P.A. 87-493.)