Montana § 30-1-209 Subordinated Obligations

Montana Statutes

§ 30-1-209 — Subordinated Obligations

Montana § 30-1-209

Title 30TRADE AND COMMERCE

Ch. 1UNIFORM COMMERCIAL CODE GENERAL PROVISIONS

Part 2General Definitions and Principles of Interpretation

This text of Montana § 30-1-209 (Subordinated Obligations) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-1-209 (2026).

Text

30-1-209 . 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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30-1-209 . 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.