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MI SB0345
Bill
AI Summary
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Amends the Special Tools Lien Act to revise when a special tool builder's lien attaches, changing from receipt of notice to when the special tool is delivered to the customer or end user.
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Removes the requirement for special tool builders to permanently record their name, street address, city, and state on every special tool they fabricate, repair, or modify.
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Allows special tool builders to retain liens on special tools even when not in physical possession of the tools.
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Establishes lien priority based on the order of attachment, with the first lien to attach having priority over subsequent liens.
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Declares void and unenforceable any contract provisions that waive a special tool builder's lien rights or require application of another state's law instead of Michigan's Special Tools Lien Act provisions.
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Bill effectiveness is conditioned on enactment of House Bill No. 4356 and House Bill No. 4357.
Legislative Description
Liens; other; special tools liens; revise provisions regarding attachment of liens and prohibit waiver of lien rights in contract. Amends sec. 23 of 2002 PA 481 (MCL 570.563) & adds sec. 24. TIE BAR WITH: HB 4356'09, HB 4357'09
Liens, other
Last Action
Referred To Committee On Commerce And Tourism
3/5/2009