West Virginia Statutes
§ 46-1-310 — Subordinated obligations
West Virginia § 46-1-310
This text of West Virginia § 46-1-310 (Subordinated obligations) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
W. Va. Code § 46-1-310 (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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Legislative History
2006 Reg. Sess., SB742
Nearby Sections
15
§ 46-1-101
Short titles§ 46-1-102
Scope of article§ 46-1-104
Construction against implied repeal§ 46-1-105
Severability§ 46-1-106
Use of singular and plural; gender§ 46-1-107
Section captions§ 46-1-109
Repealed. Acts, 2006 Reg. Sess., Ch. 247§ 46-1-201
General definitions§ 46-1-202
Notice; knowledge§ 46-1-204
Value§ 46-1-205
Reasonable time; seasonableness§ 46-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
West Virginia § 46-1-310, Counsel Stack Legal Research, https://law.counselstack.com/statute/wv/46/46-1-310.