Any person entitled to compensation under the provisions of this chapter shall have a lien against the assets of the carrier or employer for such compensation without limit of amount, and shall, upon insolvency, bankruptcy, or reorganization in bankruptcy proceedings of the carrier or employer, or both, be entitled to preference and priority in the distribution of the assets of such carrier or employer, or both.
Miss. Code Ann. § 71-3-45
Compensation a lien against assets
Known as the Workers’ Compensation Law
The act spans §§ 71–71 (99 sections).
Codes, 1942, § 6998-23; Laws, 1948, ch. 354, § 17; reenacted without change, Laws, 1982, ch. 473, § 23; reenacted without change, Laws, 1990, ch. 405, § 24, eff from and after J…
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.