779.485 Special tools.

355 words·~2 min read·/wi/chapter-779/779-485-3

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Definitions. In this section:

(a)“Customer” means a person who does any of the following:

1. Causes a special tool builder to design, develop, manufacture, assemble, or otherwise make a special tool.

2. Orders a product from a manufacturer that is produced with a special tool or causes a manufacturer to use a special tool.

(b)“Intellectual property” means a design, program, or process.

(c)“Manufacturer” means a person who uses a special tool as part of the person’s manufacturing process.

(d)“Manufacturer’s lien” means a lien described in sub.

(b).

(e)“Special tool” means a tool, die, jig, gauge, gauging fixture, metal casting, pattern, forging, machinery, ferrous or nonferrous machined part, or intellectual property used for the purpose of designing, developing, manufacturing, assembling, or fabricating a metal part.

(f)“Special tool builder” means a person who designs, develops, manufactures, fabricates, or assembles a special tool.

(g)“Special tool builder’s lien” means a lien described in sub.

(a)1.

(2)Special tool builders.

(a)Lien.

1. A special tool builder who does all of the following has a lien on a special tool in the amount that a customer or manufacturer owes the special tool builder for designing, developing, manufacturing, fabricating, assembling, repairing, or modifying the special tool:

a. Permanently records on the special tool the special tool builder’s name, street address, city, and state, or other traceable identification.

b. Files a financing statement for the special tool under subch. V of ch. 409 .

2. A special tool builder’s lien attaches and is perfected on the date that both of the requirements specified in subd. 1. a. and b. are satisfied.

3. A special tool builder retains a special tool builder’s lien even if the special tool builder does not have physical possession of the special tool for which the lien is claimed.

4. A special tool builder’s lien remains valid until the first of any of the following occurs:

a. The customer or manufacturer pays the special tool builder the amount for which the special tool builder’s lien is claimed.

b. The financing statement is terminated.