In the case of a lender, the risk of loss passes to the lessee. (2) Subject to the provisions of IC 26-1-2.1 concerning the impact of delay on the risk of loss (IC 26-1-2.1-220), if the risk of loss is to pass to the lessee and the date of delivery is not specified, the following rules apply: (a) where the rental agreement provides for or authorizes the shipment of the goods by the carrier: (i) it does not require delivery to a specified place of destination; The risk of loss passes to the lessee if the goods are properly delivered to the carrier; (ii) where delivery is required at a given place of destination and the goods are properly offered there by the carrier, the risk of loss passes to the lessee if the goods are properly offered, that the lessee can accept delivery. (b) Where the goods are held by a surety to be moved, the risk of loss passes to the lessee if the lessee acknowledges the tenant`s right to own the goods. (c) in all cases not covered by points (a) or (b), the risk of loss shall pass to the lessee where the lessee receives the goods where the lessor or, in the case of a finance lease, is the commercial supplier; Otherwise, the risk is transferred to the tenant with the delivery offer. As added by P.L.189-1991, SEC.3. .