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Texas Labor Code

§ 213.006 — PRIORITY OF CLAIM FOR CONTRIBUTION

LA § 213.006Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 213. ENFORCEMENT OF TEXAS UNEMPLOYMENT COMPENSATION ACT · Art. A. GENERAL ENFORCEMENT PROVISIONS

Statute text

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If an employer's assets are distributed under a court order issued under the laws of this state, including a receivership, assignment for benefit of creditors, adjudicated insolvency, composition, or similar proceeding, a contribution due at the time of distribution or that becomes due after the distribution has the same priority as other tax claims under the laws of this state.

Legislative history

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.