Subject to the federal bankruptcy laws, in the event of an uninsured employer’s dissolution, reorganization, bankruptcy, receivership, assignment for benefit of creditors, judicially confirmed extension proposal or composition, or any analogous situation including the adminis- 62102.84 WORKER’S COMPENSATION tration of estates in circuit courts, the payments required of the uninsured employer under s. 102.82 shall have preference over all claims of general creditors and shall be paid next after the payment of preferred claims for wages.
Wis. Stat. § 102.84
Preference of required payments
Known as the Worker’s Compensation Act
The act spans §§ 102–102 (84 sections).
1993 a. 81.
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.