Section 570.553 – Lien; Possession.
570.553 Lien; possession. 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 […]
Section 570.555 – Enforcement of Lien; Notice.
570.555 Enforcement of lien; notice. Sec. 15. Before enforcing a lien granted to an end user under section 13, notice in writing shall be given to the customer, delivered personally or sent by registered mail to the last known address of the customer. The notice shall state that a lien is claimed for the amount […]
Section 570.557 – Sale of Special Tool at Public Auction; Conditions.
570.557 Sale of special tool at public auction; conditions. Sec. 17. If the end user has not been paid the amount due within 90 days after the notice has been received by the customer provided in section 15, the end user may sell the special tool at a public auction if both of the following […]
Section 570.559 – Sale of Special Tool at Public Auction; Notice; Information; Notice Nondeliverable; Dispute.
570.559 Sale of special tool at public auction; notice; information; notice nondeliverable; dispute. Sec. 19. (1) Before an end user may sell the special tool, the end user shall notify, by registered mail, return receipt requested, the customer and any person whose security interest is perfected by filing. The notice shall include the following information: […]
Section 570.561 – Payment of Proceeds to Prior Lienholder; Payment of Amount to End User Possessing Lien or to Customer.
570.561 Payment of proceeds to prior lienholder; payment of amount to end user possessing lien or to customer. Sec. 21. (1) If the sale is for a sum greater than the amount of the lien, the proceeds shall first be paid to the prior lienholder who has a perfected lien in an amount sufficient to […]
Section 570.563 – Information Recorded by Special Tool Builder; Filing Financial Statement; Constructive Notice of Lien on Special Tool; Attachment; Duration of Lien; Priority.
570.563 Information recorded by special tool builder; filing financial statement; constructive notice of lien on special tool; attachment; duration of lien; priority. Sec. 23. (1) A special tool builder shall permanently record on every special tool that the special tool builder fabricates, repairs, or modifies the special tool builder’s name, street address, city, and state. […]
Section 570.526 – Action for Damages.
570.526 Action for damages. Sec. 6. (1) A tenant who suffers damages because of an owner’s failure to comply with this act may bring an action in a court of appropriate jurisdiction for the actual amount of the damages or $250.00, whichever is greater, together with reasonable attorney fees. (2) This act shall not be […]
Section 570.527 – Applicability of Act.
570.527 Applicability of act. Sec. 7. This act does not apply to personal property for which the owner issues a warehouse receipt, bill of lading, or other document of title. History: 1985, Act 148, Eff. Mar. 31, 1986 ;– Am. 2000, Act 443, Imd. Eff. Jan. 9, 2001
Section 570.441 – Appeal to Supreme Court; Judgment on Order.
570.441 Appeal to supreme court; judgment on order. Sec. 41. Upon filing a certified copy of the order of the supreme court in the court below, judgment shall be entered in accordance therewith, against such parties as the court shall direct, and against all principals and sureties in any bond or bonds filed by such […]
Section 570.541 – Short Title.
570.541 Short title. Sec. 1. This act shall be known and may be cited as the “special tools lien act”. History: 2002, Act 481, Imd. Eff. June 27, 2002