Sec. 13.
An end user has a lien, dependent on possession, on any special tool in the end user's possession belonging to a customer for the amount due the end user from the customer for metal fabrication work performed with the special tool. An end user may retain possession of the special tool until the amount due is paid.
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.