481 of 2002 - Special Tools Lien Act (570.541 - 570.571)

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  2. Michigan Compiled Laws
  3. Liens
  4. 481 of 2002 - Special Tools Lien Act (570.541 - 570.571)

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Section
570.541

Short Title.

Section
570.542

Definitions.

Section
570.543

Special Tools; Unclaimed Possession; Transfer of Rights From Customer to End User; Destruction.

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
570.559

Sale of Special Tool at Public Auction; Notice; Information; Notice Nondeliverable; Dispute.

Section
570.561

Payment of Proceeds to Prior Lienholder; Payment of Amount to End User Possessing Lien or to Customer.

Section
570.563

Information Recorded by Special Tool Builder; Filing Financial Statement; Constructive Notice of Lien on Special Tool; Attachment; Duration of Lien; Priority.

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.