Illinois Compiled Statutes 770 ILCS 85 — Preference of Claims for Wages Act.

Short title

Short title. This Act may be cited as the Preference of Claims for Wages Act. (Source: P.A. 86-1324.)

When the business of any person, corporation, company or firm shall be suspended by the action of creditors, or be placed in the custody of a receiver or trustee, then in all such cases the debts owing to laborers or servants which have accrued by reason of their labor or employment and all funds due and unpaid to the…

Any laborer, employee or trustee desiring to enforce his or her claim for wages or pension or retirement payments under this Act, shall present a statement under oath showing the amount due, the kind of work for which the wages are due, when the work was performed, and the nature of the pension or retirement payments c…

No claims made under this act shall be paid until after the expiration of the time in which to present such claims

No claims made under this act shall be paid until after the expiration of the time in which to present such claims. And if the funds realized on the property seized shall be insufficient to pay the total claims presented, then such funds shall be prorated on such claims. (Source: Laws 1887, p. 308.)