Transfer of Rights, Title, and Interest in Die, Mold, or Form to Molder; Purpose.

Checkout our iOS App for a better way to browser and research.

Sec. 2.

Unless otherwise agreed in writing, if a customer does not claim possession of a die, mold, or form from the molder within 3 years from the last use of the die, mold, or form, all rights, title, and interest in the die, mold, or form may, at the option of the molder, be transferred by operation of law to the molder for purposes of destroying the die, mold, or form.

History: 1981, Act 155, Eff. Jan. 1, 1982


Download our app to see the most-to-date content.