There Is a Newer Version
of
the Alaska Statutes
2011 Alaska Statutes
Title 45. TRADE AND COMMERCE
Chapter 45.01. GENERAL PROVISIONS
Sec. 45.01.310. Subordinated obligations.
Universal Citation:
AK Stat § 45.01.310 (through 27th Leg Sess 2012)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
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.
Disclaimer: These codes may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
