{"data":{"id":"us-md/md.-code-commercial-law-1-310","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 1–310","heading":"","body":"(a) 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.\n(b) Subordination does not create a security interest as against either the common debtor or a subordinated creditor.","path":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=1-310","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"73821c9b6d3d26cd260bfc33a698d8ba845dd414526795bbc01d2cf6e4008065","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-1-309","next":"us-md/md.-code-commercial-law-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}
