Michigan Laws > Chapter 408 > Act 213 of 1966 – Debts Owing to or for Benefit of Employees


§ 408.511	Business suspended by action of creditors or placed in custody of receiver or trustee; debts owing to or for benefit of employees as preferred claims; preferred creditors; contest; processing claim or
§ 408.512	Statement of preferred claim; filing, contents, attachments; payment

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Terms Used In Michigan Laws > Chapter 408 > Act 213 of 1966 - Debts Owing to or for Benefit of Employees

Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
Contract: A legal written agreement that becomes binding when signed.
person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
Quorum: The number of legislators that must be present to do business.
Trustee: A person or institution holding and administering property in trust.