In all assignments of property made by any person to trustees or assignees, or in proceedings in insolvency, an employee’s wages for services rendered within sixty (60) days preceding such assignment, not exceeding five hundred dollars ($500), is a preferred claim, and must be paid by such trustees or assignees before any creditor or creditors of the assignor or insolvent debtor; provided, that whenever any such employee has filed a notice of lien against any property of the assignor, the employee may elect between the provisions of this section and the employee’s lien.

Terms Used In Idaho Code 45-602

  • Employee: means any person suffered or permitted to work by an employer. See Idaho Code 45-601
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • person: includes a corporation as well as a natural person;
Idaho Code 73-114
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Wages: means compensation for labor or services rendered by an employee, whether the amount is determined on a time, task, piece or commission basis. See Idaho Code 45-601