Sec. 8b.
If the molder has not been paid the amount due within 90 days after the notice has been received by the customer provided in section 8a, the molder may sell the die, mold, or form at a public auction if both of the following occur:
(a) The die, mold, or form is still in the molder's possession.
(b) The molder complies with section 8c.
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.