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Illinois Statutes Chapter 770. Liens § 105/5.1. Second notice; publication; sale by toolmaker

Current as of January 01, 2025 | Updated by Findlaw Staff

§ 5.1. Second notice; publication; sale by toolmaker.

(A) Before a toolmaker may sell the special tool, the toolmaker shall provide a second written notification to the customer and processor, by registered mail, return receipt requested. The second notice shall include the following information:

(1) the toolmaker's intention to sell the special tool;

(2) a description of the special tool to be sold;

(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 toolmaker shall publish in a newspaper of general circulation in the place where the special tool is being held for sale by the toolmaker, notice of the toolmaker's intention to sell the special tool. The notice shall include a description of the special tool and name of the customer and processor.

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Cite this article: FindLaw.com - Illinois Statutes Chapter 770. Liens § 105/5.1. Second notice; publication; sale by toolmaker - last updated January 01, 2025 | https://codes.findlaw.com/il/chapter-770-liens/il-st-sect-770-105-5-1/

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