{"data":{"id":"us-sd/sdcl-57a-1-310","jurisdiction":"us-sd","citation":"SDCL § 57A-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.\nSource: SL 2008, ch 259, § 24.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-1. GENERAL PROVISIONS"],"source_url":"https://sdlegislature.gov/Statutes/57A-1-310","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"ca657575d1af23df4cb9bd438d4062a121e88b2406780d0ba2222a2207ca3d08","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-1-309","next":"us-sd/sdcl-57a-2-101"},"notice":"GroundRules: Original legal text. Not legal advice."}