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Michigan Compiled Laws — DEBTS OWING TO OR FOR BENEFIT OF EMPLOYEES (Act 213 of 1966)

Michigan · statute · 213 of 1966, Mich. Comp. Laws · 2 active provisions

2 active provisions.

Mich. Comp. Laws § 408.511

Business suspended by action of creditors or placed in custody of receiver or trustee; debts owing to or for benefit of employees as preferred claims; preferred creditors; contest; processing claim or reducing claim to judgment.

When the business of a person or entity is suspended by the action of creditors, or is placed in the custody of a receiver or trustee, debts owing to or for the benefit of employees of the business, other than officers or directors of the business, which have accrued by reason of their employment, including amounts pay…

MichiganDEBTS OWING TO OR FOR BENEFIT OF EMPLOYEESeffective