39-51-1305. Priority of payment of taxes due under legal dissolutions or distributions. In the event of any distribution of an employer's assets pursuant to an order of any court under the laws of this state, including any receivership, assignment for benefit of creditors, adjudicated insolvency, composition, or similar proceeding, taxes then or thereafter due shall be paid in full prior to all other claims, except taxes and claims for wages of not more than $250 to each claimant earned within 6 months of the commencement of the proceeding.
History: En. Subd. (c), Sec. 14, Ch. 137, L. 1937; amd. Sec. 5, Ch. 137, L. 1939; amd. Sec. 8, Ch. 164, L. 1941; R.C.M. 1947, 87-137; amd. Sec. 11, Ch. 125, L. 1985; amd. Sec. 16, Ch. 373, L. 1991.
Structure Montana Code Annotated
Chapter 51. Unemployment Insurance
39-51-1301. Penalty and interest on past-due reports and payments
39-51-1302. Summary or jeopardy assessment of unpaid taxes
39-51-1303. Collection of unpaid taxes
39-51-1304. Lien for payment of unpaid taxes -- levy and execution
39-51-1305. Priority of payment of taxes due under legal dissolutions or distributions
39-51-1306. Reciprocity with other states for collection of unpaid taxes
39-51-1307. Collection of unpaid taxes, penalties, and interest by offset