STATE v. I.M.C. MINT CORP.

No. 16555.

610 P.2d 1265 (1980)

STATE of Utah, and State of Utah, by and through John W. Rolly, Director, Utah State Trade Commission, Plaintiff and Appellant. v. I.M.C. MINT CORPORATION, Robert Grabar, George E. Twibey, Stan Savara, Ross E. Lyons, Gary Hyde, and Richard Berkinshaw, Clarence Durrant, Robert Leiske, Defendant and Respondent.

Supreme Court of Utah.

April 2, 1980.


Attorney(s) appearing for the Case

Robert B. Hansen, Atty. Gen., Mark K. Buchi, Asst. Atty. Gen., Salt Lake City, for plaintiff and appellant.

Herschel J. Saperstein and Karen Jensen of Watkiss & Campbell, Salt Lake City, for defendant and respondent.


STEWART, Justice:

This appeal is from a decision of the Third District Court which denied the State Tax Commission's claim for priority payment of the sales and withholding tax debts of the defendant corporation from assets held by a receiver.

In June 1974 defendant I.M.C. Mint Corporation was placed under a receivership following action by the Consumer Fraud Division of the Office of the Utah Attorney General, and a receiver for the corporation was appointed...

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