Current through the 2024 Budget Session
Section 35-2-1107 - Priorities(a) During a receivership under this act, the following expenses and claims have priority in the following order: (i) The costs and expenses of the administration of the health care facility during the term of the receivership;(ii) Claims for: (A) Wages actually owing to employees, other than officers of the facility, for services rendered within three (3) months prior to the date of commencement of the receivership proceeding against the facility, but not exceeding one thousand dollars ($1,000.00) to each employee;(B) Secured claims, including claims for taxes and debts due the federal or any state or local government, which are secured prior to the appointment of the receiver.(iii) Claims by or on behalf of individual patients or clients for the cost of health care services which were to be provided by the facility, but were not received by the patient or client for whom the care was paid;(iv) Unless otherwise provided by law, all other claims of general creditors not falling within any other priority under this section, including claims for taxes and debts due to the federal government or any state or local government which are not secured claims;(v) Proprietary claims of shareholders, members or officers of the health care facility.(b) Upon motion by a claimant or by one (1) of the parties to a receivership action under this act, the district court may amend the priorities listed in subsection (a) of this section and order payment of claims as may be necessary in the interest of justice.Added by Laws 2016 , ch. 45, § 1, eff. 7/1/2016.