Michigan Compiled Laws
Chapter 570 - Liens
Act 481 of 2002 - Special Tools Lien Act (570.541 - 570.571)

Section 570.541 - Short Title. - Sec. 1. This act shall be known and may be...

Section 570.542 - Definitions. - Sec. 2. For purposes of this act: (a) "Customer" means...

Section 570.543 - Special Tools; Unclaimed Possession; Transfer of Rights From Customer to End User; Destruction. - Sec. 3. Unless otherwise agreed in writing, if a customer...

Section 570.545 - Transfer of Rights to End User; Notice; Waiting Period. - Sec. 5. After the expiration of the 3-year period set...

Section 570.547 - Return Receipt of Notice; Possession Unclaimed; Transfer. - Sec. 7. If a customer does not claim possession of...

Section 570.549 - Retroactive Application of Waiting Period. - Sec. 9. The 3-year waiting period provided in section 3...

Section 570.551 - Applicability and Construction of MCL 570.543, 570.545, 570.547, and 570.549. - Sec. 11. Sections 3, 5, 7, and 9 shall not...

Section 570.553 - Lien; Possession. - Sec. 13. An end user has a lien, dependent on...

Section 570.555 - Enforcement of Lien; Notice. - Sec. 15. Before enforcing a lien granted to an end...

Section 570.557 - Sale of Special Tool at Public Auction; Conditions. - Sec. 17. If the end user has not been paid...

Section 570.559 - Sale of Special Tool at Public Auction; Notice; Information; Notice Nondeliverable; Dispute. - Sec. 19. (1) Before an end user may sell the...

Section 570.561 - Payment of Proceeds to Prior Lienholder; Payment of Amount to End User Possessing Lien or to Customer. - Sec. 21. (1) If the sale is for a sum...

Section 570.563 - Information Recorded by Special Tool Builder; Filing Financial Statement; Constructive Notice of Lien on Special Tool; Attachment; Duration of Lien; Priority. - Sec. 23. (1) A special tool builder shall permanently record...

Section 570.565 - Enforcement of Lien; Notice. - Sec. 25. To enforce a lien that attaches under section...

Section 570.567 - Rights of Possession. - Sec. 27. Subject to section 29, if the special tool...

Section 570.569 - Sale of Special Tool With Lien Asserted. - Sec. 29. (1) Before a special tool builder may sell...

Section 570.571 - Sale of Special Tool; Use of Excess Proceeds; Prohibition. - Sec. 31. (1) If the proceeds of the sale are...