770 ILCS 105/0.01
Short title
Short title. This Act may be cited as the Tool and Die Lien Act. (Source: P.A. 86-1324.)
Illinois Compiled Statutes 770 ILCS 105 — Tool and Die Lien Act.
Illinois · statute · 770 ILCS 105 · 9 active provisions
770 ILCS 105/1
Lien
Lien. (A) Plastic or metal processors or persons conducting a plastic or metal processing business shall have a lien on the tools, dies, molds, jigs, fixtures, forms or patterns in their possession belonging to a customer, for the balance due them from such customer for plastic or metal processing work, and for all mat…
770 ILCS 105/2
Definitions
Definitions. For purposes of this Act: (A) The term "processor" means any individual or entity including, but not limited to, a tool or die maker, who contracted with, or uses a tool, die, mold, jig, fixture, form or pattern to manufacture, assemble, or otherwise make a plastic or metal product or products for a custom…
770 ILCS 105/3
Notice
Notice. Before enforcing a lien as provided for in subsection (A) of Section 1 of this Act, an initial notice in writing shall be given to the customer, either delivered personally or sent by registered mail to the last known address of the customer. This notice shall state that a lien is claimed in the amount therein…
770 ILCS 105/4
Sale of die or mold
Sale of die or mold. If the processor has not been paid the amount due within 90 days after the initial written notice has been received by the customer as provided in Section 3, the processor may sell the die, mold, or special tool at a public auction if both of the following occur: (A) The die, mold, or special tool…
770 ILCS 105/4.1
Possession of special tool
Possession of special tool. If the toolmaker has not been paid the amount claimed in the notice within 90 days after the initial notice is received by the customer and by the processor, the toolmaker has a right to possession of the special tool and may do the following: (1) enforce the right to possession of the speci…
770 ILCS 105/5
Second notice; publication; sale by processor
Second notice; publication; sale by processor. (A) Before a processor may sell the die, mold or special tool, the processor shall provide a second written notification to the customer, by registered mail, return receipt requested. The second notice shall include the following information: (1) The processor's intention…
770 ILCS 105/5.1
Second notice; publication; sale by toolmaker
Second notice; publication; sale by toolmaker. (A) Before a toolmaker may sell the special tool, the toolmaker shall provide a second written notification to the customer and processor, by registered mail, return receipt requested. The second notice shall include the following information: (1) the toolmaker's intention…
770 ILCS 105/6
Inspection
Inspection. (A) Prior to the sale of any die, mold or special tool in accordance with this Act, such item must be available for inspection, upon request, by members of the public during normal business hours for a period of at least 2 weeks prior to the sale. (B) If the sale is for a sum greater than the amount of the…