{"data":{"id":"us-ny/n.y.-uniform-commercial-code-law-1-310","jurisdiction":"us-ny","citation":"N.Y. Uniform Commercial Code Law § 1-310","heading":"Subordinated Obligations","body":"Section 1--310. Subordinated Obligations.\n  An obligation may be issued as subordinated to performance of another\nobligation of the person obligated, or a creditor may subordinate its\nright to performance of an obligation by agreement with either the\nperson obligated or another creditor of the person obligated.\nSubordination does not create a security interest as against either the\ncommon debtor or a subordinated creditor.","path":["Uniform Commercial Code Law","Article 1. No title","Part 3. Territorial Applicability and General Rules"],"source_url":"https://legislation.nysenate.gov/api/3/laws/UCC/1-310","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"658f9f3ec8638b6f4bd2e2f1f9183641e175e15ae1e91bc03f2306a408fbcf15","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-uniform-commercial-code-law-1-309","next":"us-ny/n.y.-uniform-commercial-code-law-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}