NRS 104.1310
Subordinated obligations.

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.

ARTICLE 2

SALES

Part 1

Short Title, General Construction and Subject Matter

Source: Section 104.1310 — Subordinated obligations., https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec1310 (accessed May 26, 2025).

104.1301
Territorial applicability 104.1302
Variation by agreement. 104.1303
Course of performance, course of dealing and usage of trade. 104.1304
Obligation of good faith. 104.1305
Remedies to be liberally administered. 104.1306
Waiver or renunciation of claim or right after breach. 104.1307
Prima facie evidence by third-party documents. 104.1308
Performance or acceptance under reservation of rights. 104.1309
Option to accelerate at will. 104.1310
Subordinated obligations.

May 26, 2025

§ 104.1310. Subordinated obligations.'s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_104.1310

Original Source: Section 104.1310 — Subordinated obligations., https://www.leg.state.nv.us/NRS/NRS-104.html#NRS104Sec1310 (last accessed May 10, 2025).

NRS 104.1310 Subordinated obligations.

NRS 104.1310
Subordinated obligations.