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.
Structure Code of Alabama
Part 2 - Formation and Construction of Lease Contract.
Section 7-2A-201 - Statute of Frauds.
Section 7-2A-202 - Final Written Expression: Parol or Extrinsic Evidence.
Section 7-2A-203 - Seals Inoperative.
Section 7-2A-204 - Formation in General.
Section 7-2A-205 - Firm Offers.
Section 7-2A-206 - Offer and Acceptance in Formation of Lease Contract.
Section 7-2A-207 - Course of Performance or Practical Construction.
Section 7-2A-208 - Modification, Rescission and Waiver.
Section 7-2A-209 - Lessee Under Finance Lease as Beneficiary of Supply Contract.
Section 7-2A-210 - Express Warranties.
Section 7-2A-212 - Implied Warranty of Merchantability.
Section 7-2A-213 - Implied Warranty of Fitness for Particular Purpose.
Section 7-2A-214 - Exclusion or Modification of Warranties.
Section 7-2A-215 - Cumulation and Conflict of Warranties Express or Implied.
Section 7-2A-216 - Third-Party Beneficiaries of Express and Implied Warranties.
Section 7-2A-217 - Identification.
Section 7-2A-218 - Insurance and Proceeds.
Section 7-2A-219 - Risk of Loss.