<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-2A-217 - Identification. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2073307Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073307SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073307CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2073307Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073307DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2073307Normal-000001 { margin-top: 0; margin-bottom: 0; margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-right: 0; } span.s2073307000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073307SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073307SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2073307Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=57A-2A-217"><span class="s2073307SENU">57A-2A-217</span></a><span xml:space="preserve" class="s2073307SENU">. </span><span class="s2073307CL">Identification.</span></p><p dir="ltr" class="s2073307Normal-000000"><span class="s2073307DefaultParagraphFont">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:</span></p><p dir="ltr" class="s2073307Normal-000001"><span class="s2073307DefaultParagraphFont">(a)    When the lease contract is made if the lease contract is for a lease of goods that are existing and identified;</span></p><p dir="ltr" class="s2073307Normal-000001"><span class="s2073307DefaultParagraphFont">(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</span></p><p dir="ltr" class="s2073307Normal-000001"><span class="s2073307DefaultParagraphFont">(c)    When the young are conceived, if the lease contract is for a lease of unborn young of animals.</span></p><p dir="ltr" class="s2073307Normal"><span xml:space="preserve" class="s2073307000002"> </span></p><p dir="ltr" class="s2073307Normal"><span class="s2073307SCL">Source:</span><span xml:space="preserve" class="s2073307SCL-000003"> SL 1989, ch 419, § 1.</span></p></div></body></html>