29A-3-805. Classification of claims.
(a) If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:
(1)Costs and expenses of administration;
(2)Reasonable funeral expenses;
(3)Debts and taxes with preference under federal law;
(4)Debts and taxes with preference under other laws of this state;
(5)All other claims.
(b) No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.
Source: SL 1994, ch 232, §3-805.