Preference or priority of rights of compensation

All rights of compensation granted by this chapter shall have the same preference or priority for the whole thereof against the assets of the employer as is allowed by law for any unpaid wages for labor. Acts 1919, ch. 123, § 17; Shan. Supp., § 3608a166; Code 1932, § 6868; Acts 1972, ch. 699, § 4; T.C.A. (orig. ed.), § 50-1015. All rights of compensation granted by this chapter shall have the same preference or priority for the whole thereof against the assets of the employer as is allowed by law for any unpaid wages for labor. Acts 1919, ch. 123, § 17; Shan. Supp., § 3608a166; Code 1932, § 6868; Acts 1972, ch. 699, § 4; T.C.A. (orig. ed.), § 50-1015.