(770 ILCS 105/4) (from Ch. 82, par. 354)
Sec. 4.
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 is still in the processor's
possession; and
(B) The processor complies with Section 5 of this Act.
(Source: P.A. 85-381.)
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