Sec. 2.
For purposes of this act:
(a) "Customer" means a person who causes a special tool builder to design, develop, manufacture, assemble for sale, or otherwise make a special tool for use in the design, development, manufacture, assembly, or fabrication of metal parts, or a person who causes an end user to use a special tool to design, develop, manufacture, assemble, or fabricate a metal product.
(b) "End user" means a person who uses a special tool as part of his or her manufacturing process.
(c) "Special tool" means any tools, dies, jigs, gauges, gauging fixtures, special machinery, cutting tools, or metal castings manufactured by a special tool builder.
(d) "Special tool builder" means a person who designs, develops, manufactures, or assembles special tools for sale.
(e) "Person" means an individual, firm, partnership, association, corporation, limited liability company, or other legal entity.
History: 2002, Act 481, Imd. Eff. June 27, 2002
Structure Michigan Compiled Laws
Act 481 of 2002 - Special Tools Lien Act (570.541 - 570.571)
Section 570.541 - Short Title.
Section 570.542 - Definitions.
Section 570.545 - Transfer of Rights to End User; Notice; Waiting Period.
Section 570.547 - Return Receipt of Notice; Possession Unclaimed; Transfer.
Section 570.549 - Retroactive Application of Waiting Period.
Section 570.551 - Applicability and Construction of MCL 570.543, 570.545, 570.547, and 570.549.
Section 570.553 - Lien; Possession.
Section 570.555 - Enforcement of Lien; Notice.
Section 570.557 - Sale of Special Tool at Public Auction; Conditions.
Section 570.565 - Enforcement of Lien; Notice.
Section 570.567 - Rights of Possession.
Section 570.569 - Sale of Special Tool With Lien Asserted.
Section 570.571 - Sale of Special Tool; Use of Excess Proceeds; Prohibition.