(1) If a molder chooses to take all rights, title and interest in any mold, the molder shall mail to the customer, at the customerís last-known address, a notice. The molder shall send the notice by registered or certified mail, return receipt requested.
(2) The notice required by subsection (1) of this section shall state that the molder intends to terminate all of the customerís rights, title and interest in the mold unless the customer:
(a) Responds within 120 days from the date the notice was mailed; and
(b) Arranges with the molder that the customer shall take possession of the mold or that the molder shall store the mold for the customer. [1981 c.333 §3; 1991 c.249 §11]Section: Previous 98.430 98.432 98.436 98.440 98.450 98.470 98.475 98.480 98.485 98.490 98.510 98.610 98.620 98.630 98.640 Next
Last modified: August 7, 2008