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Terms Used In Indiana Code 22-3-2-16

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
   Sec. 16. All rights of compensation granted by IC 22-3-2 through IC 22-3-6 shall have the same preference or priority for the whole thereof against the assets of the employer as is allowed by law for any unpaid wages for labor.

Formerly: Acts 1929, c.172, s.16. As amended by P.L.144-1986, SEC.25.