™Your Policy Risk Impact Agent
114 chapters · 762 sections in this title.
Mich. Comp. Laws § 445.611 Definitions.
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Sec. 1. For purposes of this act: (a) "Customer" means a person who causes a moldbuilder to fabricate, cast, or otherwise make a die, mold, or form for use in the manufacture, assembly, or fabrication of plastic parts, or a person who causes a molder to use a die, mold, or form t…
Mich. Comp. Laws § 445.612 Transfer of rights, title, and interest in die, mold, or form to molder; purpose.
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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 t…
Mich. Comp. Laws § 445.613 Notice of intention to terminate customer's rights, title, and interest in die, mold, or form.
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Sec. 3. After the expiration of the 3-year period set forth in section 2, if a molder chooses to have all rights, title, and interest in a die, mold, or form transferred to the molder by operation of law, the molder shall send written notice by registered mail, return receipt req…
Mich. Comp. Laws § 445.614 Effect of customer's failure to claim possession of die, mold, or form or to make storage arrangements; construction of section.
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Sec. 4. If a customer does not claim possession of the die, mold, or form within 120 days after the date the molder receives the return receipt of the notice sent pursuant to section 3, or does not make other arrangements with the molder for storage of the die, mold, or form with…