Ala. Code § 6-6-625

Current through the 2024 Regular Session.

Section 6-6-625 - Payment of salaries, commissions, and wages before general liabilities of corporation or partnership paid

Every debt due to any person on a salary or commission basis or any laborer or mechanic for personal wages from any corporation or partnership for which a receiver shall be appointed for any labor performed for such corporation or partnership within three months next preceding the service of the application for the appointment of a receiver shall be paid in full by the receiver, to the amount of not exceeding $300, before the general liabilities of such corporation or partnership are paid.

Ala. Code § 6-6-625 (1975)

Code 1923, §10122; Code 1940, T. 7, §1165.