Virginia § 38.2-1514 - Priority of claims for wages
Full text of Virginia Code of Virginia § 38.2-1514 — Priority of claims for wages, with citation guidance and answers to common questions.
§ 38.2-1514. Priority of claims for wages
Before the payment of any other debt or claim, other than those for which a higher priority is established in § 38.2-1509, compensation shall be paid to employees other than officers of an insurer for services rendered within three months before the commencement of the delinquency proceedings. The payment shall not exceed $1,000 for each employee. At the discretion of the Commission, or a receiver other than the Commission with the approval of the court, payment may be made as soon as practicable. This priority shall be superior to any other similar priority authorized by law regarding wages or compensation of the employees.
Nothing in this section shall prohibit a receiver from allocating sufficient funds to cover the expenses of administration.
1952, c. 317, § 38.1-138; 1986, c. 562; 1996, c. 81.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 38.2-1514
What does Code of Virginia § 38.2-1514 cover?
Section 38.2-1514 ("Priority of claims for wages") is part of the Code of Virginia, the codified statutory law of Virginia. 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 Virginia § 38.2-1514?
A common citation format is "Code of Virginia § 38.2-1514" (Virginia). 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 Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 38.2-1514 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia 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 Virginia.