Oklahoma § 18-1115 - Liens for Wages or Products When Corporation is
Full text of Oklahoma Oklahoma Statutes § 18-1115 — Liens for Wages or Products When Corporation is, with citation guidance and answers to common questions.
§ 18-1115. Liens for Wages or Products When Corporation is
Insolvent.
LIENS FOR WAGES OR PRODUCTS WHEN CORPORATION IS INSOLVENT
A. Whenever any corporation of this state, or any foreign
corporation doing business in this state, shall become insolvent,
the employees performing labor or services of whatever character in
the regular employ of the corporation, and the producers of
agricultural and dairy products, including cooperative marketing
associations of such producers, shall have a lien upon the assets of
such corporation for the amount of the wages or payments for
agricultural and dairy products due to them, not exceeding four
months' wages or payments for such products which shall have accrued
prior to the adjudication of the insolvency of such corporation,
which lien shall be paid prior to any other debts, charges or claims
against said corporation, except taxes due the United States
government or the State of Oklahoma. The word "employee" shall not
be construed to include any of the officers of the corporation.
B. The lien provided for in this section shall be enforced in
the manner provided for by law for the enforcement of other liens
for labor.
Added by Laws 1986, c. 292, § 115, eff. Nov. 1, 1986.
Frequently Asked Questions About Oklahoma § 18-1115
What does Oklahoma Statutes § 18-1115 cover?
Section 18-1115 ("Liens for Wages or Products When Corporation is") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. 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 Oklahoma § 18-1115?
A common citation format is "Oklahoma Statutes § 18-1115" (Oklahoma). 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 Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 18-1115 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma 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 Oklahoma.