Nevada § 78.720 Employees’ liens for wages when corporation insolvent

Nevada Statutes

§ 78.720 — Employees’ liens for wages when corporation insolvent

Nevada·Title 7 BUSINESS ASSOCIATIONS; SECURITIES; COMMODITIES·Ch. 78 Private· INSOLVENCY; RECEIVERS AND TRUSTEES

1.Whenever any corporation becomes insolvent or is dissolved in any way or for any cause, the employees doing labor or service, of whatever character, in the regular employ of the corporation, have a lien upon the assets thereof for the amount of wages due to them, not exceeding $1,000, which have been earned within 3 months before the date of the insolvency or dissolution, which must be paid before any other debt of the corporation.

2.The word “employees” does not include any of the officers of the corporation.

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1. Whenever any corporation becomes insolvent or is dissolved in any way or for any cause, the employees doing labor or service, of whatever character, in the regular employ of the corporation, have a lien upon the assets thereof for the amount of wages due to them, not exceeding $1,000, which have been earned within 3 months before the date of the insolvency or dissolution, which must be paid before any other debt of the corporation.
2. The word “employees” does not include any of the officers of the corporation.

Nevada § 78.720 (Employees’ liens for wages when corporation insolvent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.