Illinois Compiled Statutes 765 Property: Article -
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 1
This Act shall be known and may be cited as the "Plastics Dies and Molds Ownership Transfer Act." (Source: P.A. 82-206.)
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 2
As used in this Act, (a) "Customer" means any individual or entity who causes or caused a molder to fabricate, cast, or otherwise make...
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 3
In the absence of any agreement to the contrary, the customer shall have all rights and title to any die, mold, or form in...
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 4
If a customer does not claim possession from a molder of a die, mold, or form within three years following the last prior use...
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 5
If a molder chooses to have all rights and title to any die, mold, or form transferred to the molder by operation of law,...
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 6
If a customer does not claim possession of the particular die, mold, or form within 120 days following the date the notice was sent,...
- Illinois Plastics Dies and Molds Ownership Transfer Act. - 765 ILCS 1055, Section 7
The three-year waiting period set forth in Section 4 shall apply retroactively in the case of dies, molds, and forms in the possession of...
Last modified: February 18, 2015