California Statutes

§ 1310. — 1310. (Added by renumbering Section 1209 by Stats. 2006, Ch. 254, Sec. 28.)

California § 1310.
JurisdictionCalifornia
Code COMCommercial Code - COM
Div. 1.DIVISION 1. GENERAL PROVISIONS
Ch. 3.CHAPTER 3. Territorial Applicability and General Rules

This text of California § 1310. (1310. (Added by renumbering Section 1209 by Stats. 2006, Ch. 254, Sec. 28.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Commercial Code - COM Code § 1310. (2026).

Text

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.

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Legislative History

Added by renumbering Section 1209 by Stats. 2006, Ch. 254, Sec. 28. Effective January 1, 2007.

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California § 1310., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/COM/1310..