(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;
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(b) when the goods are shipped, marked, or otherwise designated by the lessor as goods
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| to which the lease contract refers, if the lease contract is for a lease of goods that are not existing and identified; or
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(c) when the young are conceived, if the lease contract is for a lease of unborn young
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(Source: P.A. 87-493.)
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