GroundRules
W. Va. Code § 46-1-310: Subordinated obligations.
Where this section sits in the code
- CHAPTER 46. UNIFORM COMMERCIAL CODE.
- ARTICLE 1. GENERAL PROVISIONS.
- 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 2026-10-18T05:10:46Z. Source file · JSON