Michigan § 440.2867 - Lease contract; identification of goods; absence of explicit agreement.
Full text of Michigan Michigan Compiled Laws § 440.2867 — Lease contract; identification of goods; absence of explicit agreement., with citation guidance and answers to common questions.
§ 440.2867. Lease contract; identification of goods; absence of explicit agreement.
Identification of goods as goods to which a lease contract refers may be made at any time and in any manner explicitly agreed to be the parties. In the absence of explicit agreement, the following determines when identification occurs:
When the lease contract is made if the lease contract is for a lease of goods that are existing and identified.
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.
When the young are conceived, if the lease contract is for a lease of unborn young of animals.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.2867
What does Michigan Compiled Laws § 440.2867 cover?
Section 440.2867 ("Lease contract; identification of goods; absence of explicit agreement.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 440.2867?
A common citation format is "Michigan Compiled Laws § 440.2867" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 440.2867 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.