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 when:
(a) The lease contract is made if the lease contract is for a lease of goods that are existing and identified;
(b) 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) The young are conceived, if the lease contract is for a lease of unborn young of animals.
1991, c. 536.
Structure Code of Virginia
Title 8.2A - Commercial Code - Leases
§ 8.2A-202. Final written expression: parol or extrinsic evidence
§ 8.2A-204. Formation in general
§ 8.2A-206. Offer and acceptance in formation of lease contract
§ 8.2A-208. Modification, rescission and waiver
§ 8.2A-209. Lessee under finance lease as beneficiary of supply contract
§ 8.2A-210. Express warranties
§ 8.2A-212. Implied warranty of merchantability
§ 8.2A-213. Implied warranty of fitness for particular purpose
§ 8.2A-214. Exclusion or modification of warranties
§ 8.2A-215. Cumulation and conflict of warranties express or implied
§ 8.2A-216. Third-party beneficiaries of express and implied warranties
§ 8.2A-218. Insurance and proceeds