Act 481 of 2002 - SPECIAL TOOLS LIEN ACT (570.541 - 570.571)
- 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.