Sec. 5. If the lienholder has not been paid the amount due within sixty (60) days after the notice provided for in section 4 of this chapter, the lienholder may sell the die, mold, form, jig, or pattern at auction if: (1) the die, mold, form, jig, or pattern is still in the lienholder's possession; and (2) the lienholder complies with section 6 of this chapter. [Pre-2002 Recodification Citation: 32-8-37-4.]
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