70-4-205. Owner of materials wrongfully used — election of remedies. If a person whose material has been used without the person’s knowledge in order to form a product of a different description can claim an interest in the product, the person has an option to demand either restitution of the person’s material in kind, in the same quantity, weight, measure, and quality, or the value of the material or, if the person is entitled to the product, the value of the product in place of the product.