Leases

ORS 72A.2170
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. [1989 c.676 §26]

Source

Last accessed
Jun. 26, 2021