Colorado Statutes
§ 4-1-310 — Subordinated obligations
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
Source: L. 2006: Entire article R&RE, p. 469, � 1, effective September 1.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith