New York § 130 - 130Workmen's compensation premiums shall be deemed preferred claims
Full text of New York New York Consolidated Laws § 130 — 130Workmen's compensation premiums shall be deemed preferred claims, with citation guidance and answers to common questions.
§ 130. 130Workmen's compensation premiums shall be deemed preferred claims
§ 130. Workmen's compensation premiums shall be deemed preferred claims. All premiums and interest charges on account of policies insuring employers against liability under this chapter which may be due to the state insurance fund, or any stock corporation or mutual association authorized to transact the business of insurance in this state, and all judgments recovered by the state insurance fund or any such insurance corporation or association against any employer on actions brought under any such policy, shall be deemed preferred claims in all insolvency or bankruptcy proceedings, trustee proceedings for administration of estates and receiverships involving the employer liable therefor or the property of such employer, provided however that claims for wages shall receive prior preference in all such proceedings.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 130
What does New York Consolidated Laws § 130 cover?
Section 130 ("130Workmen's compensation premiums shall be deemed preferred claims") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 130?
A common citation format is "New York Consolidated Laws § 130" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 130 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.