Oklahoma Statutes

§ 12A-1-310 — Subordination of obligations.

Oklahoma § 12A-1-310
JurisdictionOklahoma
Title 12AUniform Commercial Code

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

Bluebook
Okla. Stat. tit. 12A, § 12A-1-310 (2026).

Text

Subordination of 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. Such a subordination does not create a security interest as against either the common debtor or a subordinated creditor.

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Legislative History

Added by Laws 2005, c. 139, § 23, eff. Jan. 1, 2006.

Nearby Sections

15
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Bluebook (online)
Oklahoma § 12A-1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/12A/12A-1-310.