2006 Ohio Revised Code - 1310.39. (UCC 2A-311) Subordination by agreement.
§ 1310.39. (UCC 2A-311) Subordination by agreement.
Nothing in
sections 1310.01 to
1310.78 of the Revised Code prevents subordination by agreement by any person entitled to priority.
HISTORY: 144 v H 693. Eff 11-6-92.
Official Comment
The several preceding sections deal with questions of priority. This section is inserted to make it entirely clear that a person entitled to priority may effectively agree to subordinate the claim. Only the person entitled to priority may make such an agreement: the rights of such a person cannot be adversely affected by an agreement to which that person is not a party.
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