Alabama Statutes
§ 6-6-625 — Payment of Salaries, Commissions, and Wages Before General Liabilities of Corporation or Partnership Paid
Every debt due to any person on a salary or commission basis or any laborer or mechanic for personal wages from any corporation or partnership for which a receiver shall be appointed for any labor performed for such corporation or partnership within three months next preceding the service of the application for the appointment of a receiver shall be paid in full by the receiver, to the amount of not exceeding $300, before the general liabilities of such corporation or partnership are paid.
Free access — add to your briefcase to read the full text and ask questions with AI
Alabama § 6-6-625 (Payment of Salaries, Commissions, and Wages Before General Liabilities of Corporation or Partnership Paid) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
(Code 1923, §10122; Code 1940, T. 7, §1165.)
Nearby Sections
15
§ 6-10-10
County and Municipal Property§ 6-10-102
Effect of Removal from Homestead§ 6-10-103
Commissioners - Qualifications; Oath§ 6-10-104
Commissioners - Compensation§ 6-10-11
Exemptions in Federal Bankruptcy§ 6-10-12
Adjustments to Exemption Values