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(770 ILCS 105/5) (from Ch. 82, par. 355)
Sec. 5. Second notice; publication; sale by processor. (A) Before a processor may sell
the die, mold or special tool, the processor shall provide a second written
notification to the customer, by registered mail, return receipt requested.
The second notice shall include the following information:
(1) The processor's intention to sell the die, mold, |
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(2) A description of the die, mold, or special tool
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(3) The time and place of the sale; and
(4) An itemized statement for the amount due.
(B) In addition to this notification by mail, the processor shall publish in
a newspaper of general circulation in the place where the die, mold, or
special tool is being held for sale by the processor, notice of the
processor's intention to sell the die, mold, or special tool. The notice
shall include a description of the die, mold, or special tool and name of the customer.
(Source: P.A. 94-615, eff. 1-1-06.)
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