GroundRules
← Search the law
Ohio · Through 2011-06-29 (House Bill 9 - 129th General Assembly)

Ohio Rev. Code § 1301.310: Subordinated obligations - UCC 1-310.

Read at publisher ↗
Where this section sits in the code
  1. Title 13 Commercial Transactions
  2. Chapter 1301 General Provisions

Subordinated obligations [UCC 1-310]

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 2026-09-14T19:24:29Z. Source file · JSON

Browse this collection