Md. Code, Commercial Law § 1-310

Md. Code, Commercial Law § 1-310
in effect
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(a) 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. (b) Subordination does not create a security interest as against either the common debtor or a subordinated creditor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl&section=1-310&enactments=falseFetched: 10/16/2026

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