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§ 2A-217. Identification

West's Annotated Code of MarylandCommercial Law

West's Annotated Code of Maryland
Commercial Law
Title 2a. Leases (Refs & Annos)
Subtitle 2. Formation and Construction of Lease Contract (Refs & Annos)
MD Code, Commercial Law, § 2A-217
§ 2A-217. Identification
Currentness
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.

Credits

Added by Acts 1994, c. 535, § 1, eff. Jan. 1, 1995.
MD Code, Commercial Law, § 2A-217, MD COML § 2A-217
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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