DIES & MOLDS OWNERSHIP ACT
Synopsis of Bill as introduced:
Creates the Dies and Molds Ownership Transfer Act of 1997.
Provides that if a customer does not take possession of its die, mold,
form, jig, or pattern within 3 years of the fabricator's last use of
it, the fabricator may have all rights, title, and interest
transferred to him or her for purposes of destruction of the materials
by sending written notice by registered mail that the fabricator
intends to terminate the customer's rights in the materials. If a
customer does not act within 90 days of the date notice is sent, all
rights in the materials are transferred to the fabricator for purposes
of destruction of the materials. This Act does not grant the customer
any rights to a die, mold, form, jig, or pattern; does not affect any
written agreement between a fabricator and a customer; does not affect
the rights of a customer under federal patent or copyright law or
State or federal laws pertaining to unfair competition; and does not
affect the rights granted under the Plastics Dies and Molds Ownership
Transfer Act. Effective immediately.
STATE MANDATES FISCAL NOTE
HB 513 fails to create a State mandate.
HOUSE AMENDMENT NO. 1.
Provides that in addition to a die, mold, form, jig, and pattern,
this Act also applies to a tooling.
HB513 would neither decrease nor increase the need for the
number of judges in the State.
SENATE AMENDMENT NO. 1.
Provides that the customer must respond to the fabricator's
notice in writing, by registered mail, return receipt requested,
reasserting the customer's rights, title, and interest to the die,
mold, form, jig, tooling, or pattern in order to avoid the transfer of
rights in that item to the fabricator for the purposes of destruction
by the fabricator.
Last action on Bill: PUBLIC ACT.............................. 90-0371
Last action date: 97-08-14
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 1 SENATE - 1
END OF INQUIRY
Full Text Bill Status