(a) The proceeds of a sale of a special tool under section 13 of this chapter shall be paid as follows:(1) The proceeds shall be paid first to the prior lienholder who has a perfected lien in an amount sufficient to satisfy the lienholder's interest.(2) Any remainder after payment is made under subdivision (1) shall be paid to the special tool builder who possesses a lien under this chapter in an amount sufficient to extinguish that interest.(3) Any remainder after payment is made under subdivision (2) shall be paid to the customer.(b) A sale may not be made or possession may not be obtained under section 13 of this chapter if the sale or possession would violate any right a customer or an end user has under federal patent, bankruptcy, or copyright law.As added by P.L.73-2009, SEC.4.
Indiana Legal Code