1384

LAWS OF MARYLAND

Ch. 311

insolvency proceeding shall be applied to the following, in
the order stated:

(1) COSTS AND EXPENSES OF THE ADMINISTRATION OF
THE TRUST OR INSOLVENCY PROCEEDING WHICH THE COURT APPROVES;

(2) WAGES OF AN EMPLOYEE AND HEALTH, WELFARE,
AND PENSION CONTRIBUTIONS CONTRACTED FOR IN PLACE OF WAGES,
EARNED NOT MORE THAN THREE MONTHS BEFORE THE ASSIGNMENT OR
INSTITUTION OF THE INSOLVENCY PROCEEDING;

[(1)] (2) (3) Lien claims of the State, a
county, municipal corporation, or other political
subdivision of the State perfected or recorded before the
assignment or institution of the insolvency proceeding, and
claims of persons having judicial liens on property of the
insolvent recorded more than four months before the
assignment or institution of the insolvency proceeding;

[(2)](3) Costs and expenses of the

administration of the trust or the insolvency proceeding

which the court approves;

[(3) Wages of an employee and health, welfare,
and pension contributions contracted for in place of wages,
earned not more than three months before the assignment or
institution of the insolvency proceeding;]

(4) Rent for any interest in real property in
the State due not more than three months before the
execution of the assignment or institution of the insolvency
proceeding;

(5)    Charges in connection with the
transportation of goods advanced by one common carrier to
another on behalf of a consignor or consignee not more than
three months before the assignment or institution of the
insolvency proceeding;

(6)    Taxes not included in paragraph (1) of this
subsection; and

(7)    Claims of unsecured creditors.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1978.

Approved May 2, 1978.

CHAPTER 312
(House Bill 133)
AN ACT concerning