In the event of bankruptcy of any employer, or of liquidation of an employer under any law of this state by reason of insolvency or inability to pay his debts, the amount due for contributions on behalf of the employer shall have the same status and priority as other taxes due the state; provided, that in the event of an employer's adjudication in bankruptcy, a judicially confirmed extension proposal or a composition of creditors under the Federal Bankruptcy Act of 1898, as amended, contributions then or thereafter due shall be entitled to such priority as is provided therein for other taxes due and owing this state.
Structure Code of Alabama
Title 25 - Industrial Relations and Labor.
Chapter 4 - Unemployment Compensation.
Article 7 - General Provisions.
Section 25-4-130 - Duration of Employer's Coverage Under This Chapter; Termination of Coverage.
Section 25-4-131 - Election of Coverage Under Chapter by Employing Units and Political Subdivisions.
Section 25-4-132 - Assessment of Interest on Delinquent Contribution Payments.
Section 25-4-133 - Penalties for Delinquent Contribution Payments and Reports.
Section 25-4-134 - Procedures for Collection of Delinquent Contribution Payments.
Section 25-4-135 - Effect of Bankruptcy or Liquidation of Employer.
Section 25-4-136 - Secretary May Extend Time for Payment of Contributions.
Section 25-4-137 - Adjustments or Refunds.
Section 25-4-139 - Fees in Proceedings Under Chapter.
Section 25-4-143 - Appropriations.
Section 25-4-144 - Reservation of Right to Repeal or Amend Chapter.
Section 25-4-147 - Arrest Fee; Disposition of Fees Collected.
Section 25-4-149 - Appropriation of Funds for Payment of Benefits for State Employees Generally.
Section 25-4-150 - Payment of Fringe Benefits for Employees of Local Boards of Education.