GroundRules
RSA 382-A:1-310: Subordinated Obligations.
Where this section sits in the code
- Title XXXIV-A: UNIFORM COMMERCIAL CODE
- Chapter Part 3: Territorial Applicability and General Rules
An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to performance of an obligation by agreement with either the person obligated or another creditor of the person obligated. Subordination does not create a security interest as against either the common debtor or a subordinated creditor.
Collected 2026-09-05T15:43:59Z. Source file · JSON