Pennsylvania Statutes

§ 1310 — Subordinated obligations

Pennsylvania § 1310
JurisdictionPennsylvania
Title 13COMMERCIAL CODE
Ch. 13TERRITORIAL APPLICABILITY AND GENERAL RULES

This text of Pennsylvania § 1310 (Subordinated obligations) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
13 Pa. Cons. Stat. § 1310 (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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Bluebook (online)
Pennsylvania § 1310, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/13/1310.