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Michigan Compiled Laws Complete Through PA 19 of 2024
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Act 155 of 1981
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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




The People of the State of Michigan enact:

DocumentTypeDescription
Section 445.611SectionDefinitions.
Section 445.612SectionTransfer of rights, title, and interest in die, mold, or form to molder; purpose.
Section 445.613SectionNotice of intention to terminate customer's rights, title, and interest in die, mold, or form.
Section 445.614SectionEffect of customer's failure to claim possession of die, mold, or form or to make storage arrangements; construction of section.
Section 445.615SectionRetroactive application of 3-year waiting period.
Section 445.616SectionApplicability and construction of MCL 445.612 to 445.615.
Section 445.617SectionEffective date.
Section 445.618SectionMolder's lien.
Section 445.618aSectionEnforcement of lien; notice.
Section 445.618bSectionSale of die, mold, or form; conditions.
Section 445.618cSectionSale of die, mold, or form; notice; dispute.
Section 445.618dSectionSale for sum greater than amount of lien; disposition of proceeds; prohibited sales.
Section 445.619SectionMoldbuilder; lien; requirements.
Section 445.620SectionMoldbuilder; lien; enforcement; notice.
Section 445.620aSectionMoldbuilder; right to possession of die, mold, or form.
Section 445.620bSectionSale of die, mold, or form; notice of intent.
Section 445.620cSectionSale; proceeds; prohibition.
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