{"data":{"id":"us-sc/s.c.-code-ann.-36-1-310","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 36-1-310","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.","path":["Title 36 - COMMERCIAL CODE","CHAPTER 1 Commercial Code—General Provisions","Part 3 Territorial Applicability and General Rules"],"source_url":"https://www.scstatehouse.gov/code/t36c001.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T07:07:59Z","sha256":"8f8a70044b81544dca3c9f3b4f1539eef3230bb1d59f3341630a2eb255422336","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-36-1-309","next":"us-sc/s.c.-code-ann.-36-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}