Mich. Comp. Laws § 570.543

Current through Public Act 156 of the 2024 Legislative Session
Section 570.543 - Special tools; unclaimed possession; transfer of rights from customer to end user; destruction

Unless otherwise agreed in writing, if a customer does not claim possession of a special tool from the end user within 3 years from the last use with that end user of the special tool, all rights, title, and interest in the special tool may, at the option of the end user, be transferred by operation of law to the end user for purpose of destroying the special tool.

MCL 570.543

2002, Act 481, Imd. Eff. 6/27/2002 .