Annual edition
Pub. L. 98–426 struck out “(b)” before “Where a trust fund which complies”, substituted “covered under this chapter” for “entitled to compensation under this chapter”, and substituted “this chapter or under a settlement, the Secretary shall authorize” for “this chapter, the Secretary may authorize”.
Source credit
Sept. 28, 1984, Pub. L. 98–426, §14, 98 Stat. 1649.
Nov 6, 1978 – Sep 28, 1984
Amended · full text not held
Subsec. (a). Pub. L. 95–598 repealed provision for lien of person entitled to compensation without limit of amount against assets of carrier or employer and for preference and priority in distribution of assets of such carrier or employer, or both upon insolvency, bankruptcy, or reorganization in bankruptcy proceedings of the carrier or employer, or both.
Bankruptcy Code → Source credit
Nov. 6, 1978, Pub. L. 95–598, title III, §324, 92 Stat. 2679
Oct 27, 1972 – Nov 6, 1978
Amended · full text not held
Pub. L. 92–576 designated existing provisions as subsec. (a) and added subsec. (b).
Source credit
Oct. 27, 1972, Pub. L. 92–576, §20(b), 86 Stat. 1264
Jun 25, 1938 – Oct 27, 1972
Amended · full text not held
Act June 25, 1938, amended section generally. Prior to amendment, section read as follows: “Compensation shall have the same preference of lien against the assets of the carrier or employer without limit of amount as is now or may hereafter be allowed by law to the claimant for unpaid wages or otherwise”.
Source credit
June 25, 1938, ch. 685, §8, 52 Stat. 1167
Mar 4, 1927 – Jun 25, 1938
Enacted · full text not held
Source credit
Mar. 4, 1927, ch. 509, §17, 44 Stat. 1434