56:4A-7 - Molder's option to sell due to unpaid balance

56:4A-7  Molder's option to sell due to unpaid balance.

2.If a balance due the molder remains unpaid 60 days after payment is due, the molder may sell the die, mold, form or pattern, subject to any existing perfected security interest, at a public auction in the county where the die, mold, form or pattern is being held.

L.1999,c.235,s.2.