Indiana Code 32-34-6-5. Transfer of rights of customer to fabricator after three years
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Terms Used In Indiana Code 32-34-6-5
- customer: means an individual or entity who contracts with or causes a fabricator:
Indiana Code 32-34-6-2
- fabricator: means an individual or entity, including a tool or die maker, who:
Indiana Code 32-34-6-3
Sec. 5. If a customer does not take possession of the customer’s die, mold, form, jig, or pattern from a fabricator within three (3) years after the last prior use of the die, mold, form, jig, or pattern, the customer’s rights, title, and interest in the customer’s die, mold, form, jig, or pattern are transferred to the fabricator pursuant to the procedures of this chapter for purposes of destruction of the die, mold, form, jig, or pattern.
[Pre-2002 Recodification Citation: 32-9-6-2.]
As added by P.L.2-2002, SEC.19.