Sec. 8.
A molder has a lien, dependent on possession, on any die, mold, or form in the molder's possession belonging to a customer for the amount due the molder from the customer for plastic fabrication work performed with the die, mold, or form. A molder may retain possession of the die, mold, or form until the amount due is paid.
History: Add. 1986, Act 103, Imd. Eff. May 16, 1986
Structure Michigan Compiled Laws
Chapter 445 - Trade and Commerce
Act 155 of 1981 - Ownership Rights in Dies, Molds, and Forms (445.611 - 445.620c)
Section 445.611 - Definitions.
Section 445.612 - Transfer of Rights, Title, and Interest in Die, Mold, or Form to Molder; Purpose.
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 445.619 - 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.