32-33-20-15. Proceeds of Special Tool Sale
Sec. 15. (a) The proceeds of a sale of a special tool under section 13 of this chapter shall be paid as follows: (1) The proceeds shall be paid first to the prior lienholder who has a perfected lien in an amount sufficient to satisfy the lienholder’s interest. (2) Any remainder after payment is made […]
32-33-20-2. “End User”
Sec. 2. As used in this chapter, “end user” means a person who uses a special tool as part of the person’s manufacturing process. As added by P.L.73-2009, SEC.4.
32-33-20-3. “Special Tool”
Sec. 3. As used in this chapter, “special tool” means tools, dies, jigs, gauges, gauging fixtures, special machinery, cutting tools, injection molds, or metal castings used in the design, development, manufacture, assembly or fabrication of parts. As added by P.L.73-2009, SEC.4.
32-33-20-4. “Special Tool Builder”
Sec. 4. As used in this chapter, “special tool builder” means a person who designs, develops, manufactures, or assembles special tools for sale. As added by P.L.73-2009, SEC.4.
32-33-20-1. “Customer”
Sec. 1. As used in this chapter, “customer” means a person who: (1) causes a special tool builder to design, develop, manufacture, assemble for sale, or otherwise make a special tool; or (2) causes an end user to use a special tool. As added by P.L.73-2009, SEC.4.