2010 Michigan Compiled Laws
Chapter 445 - TRADE AND COMMERCE
Act 155 of 1981 - OWNERSHIP RIGHTS IN DIES, MOLDS, AND FORMS (445.611 - 445.620c)

OWNERSHIP RIGHTS IN DIES, MOLDS, AND FORMS
Act 155 of 1981
AN ACT to provide for ownership rights in dies, molds, and forms for use in the fabrication of plastic parts under certain conditions and to establish a lien on certain dies, molds, and forms.

History: 1981, Act 155, Eff. Jan. 1, 1982 ;-- Am. 1986, Act 103, Imd. Eff. May 16, 1986

• Section 445.611 - Definitions.
• Section 445.612 - Transfer of rights, title, and interest in die, mold, or form to molder; purpose.
• Section 445.613 - Notice of intention to terminate customer's rights, title, and interest in die, mold, or form.
• Section 445.614 - Effect of customer's failure to claim possession of die, mold, or form or to make storage arrangements; construction of section.
• Section 445.615 - Retroactive application of 3-year waiting period.
• Section 445.616 - Applicability and construction of MCL 445.612 to 445.615.
• Section 445.617 - Effective date.
• Section 445.618 - Molder's lien.
• Section 445.618a - Enforcement of lien; notice.
• Section 445.618b - Sale of die, mold, or form; conditions.
• Section 445.618c - Sale of die, mold, or form; notice; dispute.
• Section 445.618d - Sale for sum greater than amount of lien; disposition of proceeds; prohibited sales.
• Section 445.619 - Moldbuilder; lien; requirements.
• Section 445.620 - Moldbuilder; lien; enforcement; notice.
• Section 445.620a - Moldbuilder; right to possession of die, mold, or form.
• Section 445.620b - Sale of die, mold, or form; notice of intent.
• Section 445.620c - Sale; proceeds; prohibition.