Maine Statutes
§ 26 §1231 — Priorities under legal dissolutions or distributions
In the event of any distribution of an employer's assets pursuant to an order of any court under the laws of this State, including any receivership, assignment for benefit of creditors, adjudicated insolvency, composition or similar proceeding, contributions then or thereafter due shall be paid in full prior to all other claims, except claims for wages of not more than $250 to each claimant, earned within 6 months of the commencement of the proceeding.
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Maine § 26 §1231 (Priorities under legal dissolutions or distributions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1975, c. 462, §9 (NEW).
Nearby Sections
15
§ 26 §121
Construction§ 26 §122
Definitions§ 26 §1221
Payments; rates; amounts§ 26 §1221-A
Employee leasing companies§ 26 §1221-B
Treatment of Indian tribes§ 26 §1223
Collection of contributions§ 26 §1226
Appeal of determination or assessment§ 26 §1227
Liens§ 26 §1228
Liability of successor§ 26 §1229
Collection by civil action§ 26 §1230
Collection by warrant