{"data":{"id":"us-al/ala.-code-7-1-310","jurisdiction":"us-al","citation":"Ala. Code § 7-1-310","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 7 Commercial Code.","Article 1 General Provisions.","Part 3 Territorial Applicability; Parties’ Power to Choose Applicable Law."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-1-310","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"8f8a70044b81544dca3c9f3b4f1539eef3230bb1d59f3341630a2eb255422336","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-1-309","next":"us-al/ala.-code-7-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}