{"data":{"id":"us-mi/mich.-comp.-laws-440.1310","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 440.1310","heading":"Subordination.","body":"Sec. 1310.\n\nAn 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":["MI Code","Chapter 440","Act Act-174-of-1962"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-440-1310","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2d2777ffce44e0b5788dd078c192f01ae261431a1a899b571b3a2c66a380e921","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-440.1309","next":"us-mi/mich.-comp.-laws-440.2101"},"notice":"GroundRules: Original legal text. Not legal advice."}