(1) (a) Prior to selling a mold, the molder shall send written notice by registered mail to the last-known address of the customer. (b) The notice required by Subsection (1)(a) shall include: (i) the molder's intention to sell the mold 30 days from the day the customer received the notice; (ii) the description of the mold to be sold; (iii) the time and place of the sale; and (iv) an itemized statement for the amount due the molder from the customer. (c) A molder shall publish notice of the molder's intention to sell a mold in a newspaper of general circulation covering the customer's last-known address and as required in Section 45-1-101 if: (i) the receipt of the mailing of the notice described in Subsection (1)(a) is not returned; or (ii) the postal service returns the notice described in Subsection (1)(a) as being nondeliverable. (d) The notice provided for in Subsection (1)(c) shall include a description of the mold.
(a) Prior to selling a mold, the molder shall send written notice by registered mail to the last-known address of the customer.
(b) The notice required by Subsection (1)(a) shall include: (i) the molder's intention to sell the mold 30 days from the day the customer received the notice; (ii) the description of the mold to be sold; (iii) the time and place of the sale; and (iv) an itemized statement for the amount due the molder from the customer.
(i) the molder's intention to sell the mold 30 days from the day the customer received the notice;
(ii) the description of the mold to be sold;
(iii) the time and place of the sale; and
(iv) an itemized statement for the amount due the molder from the customer.
(c) A molder shall publish notice of the molder's intention to sell a mold in a newspaper of general circulation covering the customer's last-known address and as required in Section 45-1-101 if: (i) the receipt of the mailing of the notice described in Subsection (1)(a) is not returned; or (ii) the postal service returns the notice described in Subsection (1)(a) as being nondeliverable.
(i) the receipt of the mailing of the notice described in Subsection (1)(a) is not returned; or
(ii) the postal service returns the notice described in Subsection (1)(a) as being nondeliverable.
(d) The notice provided for in Subsection (1)(c) shall include a description of the mold.
(2) A molder may sell a mold 30 days from the later of the day: (a) the customer received the notice in accordance with Subsection (1)(a); or (b) the date the molder published the notice under Subsection (1)(c).
(a) the customer received the notice in accordance with Subsection (1)(a); or
(b) the date the molder published the notice under Subsection (1)(c).
(3) If from the sale of a mold under this section the molder receives an amount in excess of the amount of the lien, the excess shall be paid as follows: (a) to any prior lienholder known to the molder at the time of the sale; and (b) after paying any lienholder under Subsection (3)(a), the remainder: (i) if the customer's address is known at the time of sale, to the customer; or (ii) if the customer's address is not known at the time of sale, to the state in accordance with Title 67, Chapter 4a, Revised Uniform Unclaimed Property Act.
(a) to any prior lienholder known to the molder at the time of the sale; and
(b) after paying any lienholder under Subsection (3)(a), the remainder: (i) if the customer's address is known at the time of sale, to the customer; or (ii) if the customer's address is not known at the time of sale, to the state in accordance with Title 67, Chapter 4a, Revised Uniform Unclaimed Property Act.
(i) if the customer's address is known at the time of sale, to the customer; or
(ii) if the customer's address is not known at the time of sale, to the state in accordance with Title 67, Chapter 4a, Revised Uniform Unclaimed Property Act.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.