Michigan Compiled Laws Act 213 Of 1966 Debts Owing To Or For Benefit Of Employees (408.511 - 408.512)

AN ACT to give priority to certain debts owing to or for the benefit of employees.

History: 1966, Act 213, Eff. Mar. 10, 1967

Section 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...
Section 408.512 Statement Of Preferred Claim; Filing, Contents, Attachments; Payment.
An employee or other person on his behalf entitled to preference hereunder shall file a statement under oath showing the amount due, the period...

Last modified: October 10, 2016