Iowa § 626.69 Labor or wage claims preferred

Iowa Statutes

§ 626.69 — Labor or wage claims preferred

Iowa § 626.69

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 626EXECUTION

This text of Iowa § 626.69 (Labor or wage claims preferred) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 626.69 (2026).

Text

When the property of any company, corporation, firm, or person shall be seized upon by
any process of any court, or placed in the hands of a receiver, trustee, or assignee, or seized
by the action of creditors, for the purpose of paying or securing the payment of the debts
of such company, corporation, firm, or person, the debts, or wages as defined under section
91A.2, subsection7, owingtoalllaborersoremployeesotherthanofficersofsuchcompanies,
for labor or work performed or services rendered within six months preceding the seizure or
transfer of such property, shall be considered and treated as a preferred debt and paid in full,
or if there are insufficient funds realized from such property to pay the same in full, then,
after the payment of costs, ratably out of the funds remaining.

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When the property of any company, corporation, firm, or person shall be seized upon by
any process of any court, or placed in the hands of a receiver, trustee, or assignee, or seized
by the action of creditors, for the purpose of paying or securing the payment of the debts
of such company, corporation, firm, or person, the debts, or wages as defined under section
91A.2, subsection7, owingtoalllaborersoremployeesotherthanofficersofsuchcompanies,
for labor or work performed or services rendered within six months preceding the seizure or
transfer of such property, shall be considered and treated as a preferred debt and paid in full,
or if there are insufficient funds realized from such property to pay the same in full, then,
after the payment of costs, ratably out of the funds remaining.