Maryland Statutes
§ 1-310
Maryland § 1-310
This text of Maryland § 1-310 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Md. Code Ann., Commercial Law § 1-310 (2026).
Text
(a)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.
(b)Subordination does not create a security interest as against either the common debtor or a subordinated creditor.
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Bluebook (online)
Maryland § 1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gcl/1-310.