{"data":{"id":"us-nm/55-2a-311","jurisdiction":"us-nm","citation":"55-2A-311","heading":"Priority subject to subordination.","body":"Nothing in this article prevents subordination by agreement by any person entitled to priority.\nOFFICIAL COMMENTS\nUCC Official Comments © by ALI \u0026 the NCCUSL. Reproduced with permission of the PEB for the UCC. All rights reserved.\nUniform Statutory Source: - Section 9-316 [55-9-316 NMSA 1978].\nPurposes: - The several preceding sections deal with questions of priority. This section is inserted to make it entirely clear that a person entitled to priority may effectively agree to subordinate the claim. Only the person entitled to priority may make such an agreement: the rights of such a person cannot be adversely affected by an agreement to which that person is not a party.\nCross References: - Sections 1-102 and 2A-304 through 2A-310 [55-1-102 and 55-2A-304 to 55-2A-310 NMSA 1978, respectively].\n\"Agreement\". Section 1-201(3) [55-1-201 NMSA 1978].\n\"Person\". Section 1-201(30) [55-1-201 NMSA 1978].","path":["Chapter 55 - Uniform Commercial Code","ARTICLE 2A Leases"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18558/index.do","current_through":"2024-04-27","vintage":"","retrieved_at":"2026-09-03T15:02:20Z","sha256":"7864948b56a842dab9a97b394de91cb65a2185fa12e833cf9b03d878e6ead418","source_id":"us-nm","stale":false,"prev":"us-nm/55-2a-310","next":"us-nm/55-2a-401"},"notice":"GroundRules: Original legal text. Not legal advice."}