{"data":{"id":"us-ma/mass.-gen.-laws-ch.-106-1-310","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 106, § 1-310","heading":"Subordinated Obligations","body":"Section 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.","path":["Part I","Title XV","Chapter 106","Article 1"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXV/Chapter106/Section1-310","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:22:20Z","sha256":"1696b07230c41d0562bd02632b01cdb7ce96760f966a2bccfc7fc9532b342af3","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-106-1-309","next":"us-ma/mass.-gen.-laws-ch.-106-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}