779.485 Special tools.

380 words·~2 min read·/wi/chapter-779/779-485-4

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.

(b)Priority. An attached and perfected special tool builder’s lien has priority over any other lien that subsequently attaches to the special tool.

(c)Enforcement.