California Statutes

§ 1205. — 1205. (Added by Stats. 1961, Ch. 1083.)

California·Code CCP Code of Civil Procedure - CCP·Title 4.·Part 3. TITLE 4. OF THE ENFORCEMENT OF LIENS·Ch. 3. CHAPTER 3. Certain Liens and Priorities for Salaries, Wages and Consumer Debts
Upon the sale or transfer of any business or the stock in trade, in bulk, or a substantial part thereof, not in the ordinary and regular course of business or trade, unpaid wages of employees of the seller or transferor earned within ninety (90) days prior to the sale, transfer, or opening of an escrow for the sale thereof, shall constitute preferred claims and liens thereon as between creditors of the seller or transferor and must be paid first from the proceeds of the sale or transfer.

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California § 1205. (1205. (Added by Stats. 1961, Ch. 1083.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1961, Ch. 1083.
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