17-6910. Employee's lien for wages when corporation insolvent.
17-6910
17-6910. Employee's lien for wages when corporation
insolvent.
Whenever any corporation of this state, or any foreign corporation doing
business in this state, shall become insolvent, the employees doing labor or
service of whatever character in the regular employ of the corporation, shall
have a lien upon the assets thereof for the amount of the wages due to them,
not exceeding two months' wages, respectively, which shall be paid prior to any
other debt or debts of the corporation. The word "employee" as used in this
section shall not be construed to include anyone owning or controlling a
majority of the voting stock or voting power of the corporation.
History: L. 1972, ch. 52, § 113;
L. 2004, ch. 143, § 71; Jan. 1, 2005.