State Codes and Statutes
Statutes > Illinois > Chapter770 > 2264 (770 ILCS 105/0.01) (from Ch. 82, par. 350) Sec. 0.01. Short title. This Act may be cited as the Tool and Die Lien Act. (Source: P.A. 86‑1324.) |
| ||
(2) the amount of the lien is the amount that a | ||
| ||
(3) the toolmaker retains the lien even if the | ||
| ||
(Source: P.A. 94‑615, eff. 1‑1‑06.) |
| ||
(Source: P.A. 94‑615, eff. 1‑1‑06.) |
(770 ILCS 105/4) (from Ch. 82, par. 354) Sec. 4. Sale of die or mold. If the processor has not been paid the amount due within 90 days after the initial written notice has been received by the customer as provided in Section 3, the processor may sell the die, mold, or special tool at a public auction if both of the following occur: (A) The die, mold, or special tool is still in the processor's possession; and (B) The processor complies with Section 5 of this Act. (Source: P.A. 85‑381.) |
| ||
(2) commence a civil action in circuit court to | ||
| ||
(3) take possession of the special tool, if | ||
| ||
(4) sell the special tool in a public auction. A toolmaker that suffers damages under this Act may | ||
| ||
(Source: P.A. 94‑615, eff. 1‑1‑06.) |
| ||
(2) A description of the die, mold, or special tool | ||
| ||
(3) The time and place of the sale; and (4) An itemized statement for the amount due. (B) In addition to this notification by mail, the processor shall publish in a newspaper of general circulation in the place where the die, mold, or special tool is being held for sale by the processor, notice of the processor's intention to sell the die, mold, or special tool. The notice shall include a description of the die, mold, or special tool and name of the customer. (Source: P.A. 94‑615, eff. 1‑1‑06.) |
| ||
(2) a description of the special tool to be sold; (3) the time and place of the sale; and (4) an itemized statement for the amount due. (B) In addition to this notification by mail, the toolmaker shall publish in a newspaper of general circulation in the place where the special tool is being held for sale by the toolmaker, notice of the toolmaker's intention to sell the special tool. The notice shall include a description of the special tool and name of the customer and processor. (Source: P.A. 94‑615, eff. 1‑1‑06.) |