{"data":{"id":"us-ak/as-45.01.310","jurisdiction":"us-ak","citation":"AS 45.01.310","heading":"Subordinated obligations.","body":"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.","path":["Title 45. Trade and Commerce.","Chapter 01. General Provisions.","Article 3. Territorial Applicability and General Rules."],"source_url":"https://www.akleg.gov/basis/statutes.asp#45.01.310","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:44Z","sha256":"8f8a70044b81544dca3c9f3b4f1539eef3230bb1d59f3341630a2eb255422336","source_id":"us-ak","stale":false,"prev":"us-ak/as-45.01.309","next":"us-ak/as-45.02.101"},"notice":"GroundRules: Original legal text. Not legal advice."}