Ohio § 1301.310 Subordinated obligations - UCC 1-310

Ohio Statutes

§ 1301.310 — Subordinated obligations - UCC 1-310

Ohio § 1301.310

Title 13Commercial Transactions

Ch. 1301General Provisions

This text of Ohio § 1301.310 (Subordinated obligations - UCC 1-310) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 1301.310 (2026).

Text

Subordinated obligations [UCC 1-310]

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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Subordinated obligations [UCC 1-310]

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.