Louisiana Statutes
§ 10:1-310 — Subordinated obligations
Louisiana § 10:1-310
JurisdictionLouisiana
Title 10Commercial Laws
This text of Louisiana § 10:1-310 (Subordinated obligations) is published on Counsel Stack Legal Research, covering Louisiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
La. Stat. Ann. § 10:1-310 (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
Acts 2006, No. 533, §1.
Nearby Sections
15
§ 10:1-101
§ 10:1-101§ 10:1-102
Scope of Chapter§ 10:1-104
Construction against implied repeal§ 10:1-105
[Reserved.]§ 10:1-106
[Reserved.]§ 10:1-107
[Reserved.]§ 10:1-201
General definitions§ 10:1-202
Notice; knowledge§ 10:1-204
Value§ 10:1-205
Reasonable time; seasonableness§ 10:1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Louisiana § 10:1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/la/10%3A1-310.