{"data":{"id":"us-nc/n.c.-gen.-stat.-25-1-310","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-1-310","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. (1967, c. 562, s. 1; 2006-112, s. 1.)","path":["Chapter 25. Uniform Commercial Code.","Article 1. General Provisions.","Part 3. Territorial Applicability and General Rules."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-1-310.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"6784649be96d392c07b0c98e23429bb5b618100489a9faef34679c9470b8abce","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-1-309","next":"us-nc/n.c.-gen.-stat.-25-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}