Oklahoma § 15-692 - Customer's right and title to any die, mold, form or

§ 15-692. Customer's right and title to any die, mold, form or

pattern - Claim of possession - Transfer of title to molder - Notice

to customer.

A. In the absence of any agreement to the contrary, the

customer shall have all rights and title to any die, mold, form, or

pattern in the possession of the molder.

B. If a customer does not claim possession from a molder of a

die, mold, form, or pattern within three (3) years following the

last prior use thereof, all rights and title to any die, mold, form,

or pattern shall be transferred by operation of law to the molder

for the purpose of destroying or otherwise disposing of such die,

mold, form, or pattern, consistent with this section.

C. If a molder chooses to have all rights and title to any die,

mold, form, or pattern transferred to the molder by operation of

law, the molder shall send written notice by registered mail, return

receipt requested, to the chief executive office of the customer or,

if the customer is not a business entity, to the customer at the

customer's last-known address indicating that the molder intends to

terminate the customer's rights and title by having all such rights

Oklahoma Statutes - Title 15. Contracts

and title transferred to the molder by operation of law pursuant to

this section. Such notice shall include a statement of the

customer's rights as set forth in subsection D of this section.

D. 1. If a customer does not respond in person or by mail to

claim possession of the particular die, mold, form, or pattern

within one hundred twenty (120) days following the date the notice

was sent, or does not make other contractual arrangements with the

molder for storage of the die, mold, form, or pattern, all rights

and title of the customer, except patents and copyrights, shall

transfer by operation of law to the molder. Thereafter, the molder

may destroy or otherwise dispose of the particular die, mold, form,

or pattern as the molder's own property without any risk of

liability to the customer.

2. This subsection shall not be construed in any manner to

affect any right of the customer under federal patent or copyright

law or federal law pertaining to unfair competition.

Added by Laws 1998, c. 223, § 2, eff. July 1, 1998.