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.

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.

Last Updated

Feb. 5, 2021

§ 104.1310’s source at nv.us

Stay Connected

Join thousands of people who receive monthly site updates.

Get Legal Help

The State Bar of Nevada runs a service for finding an attorney in good standing. Initial consultations are usually free or discounted: Lawyer Referral Service

Committed to Public Service

We will always provide free access to the current law. In addition, we provide special support for non-profit, educational, and government users. Through social entrepreneurship, we’re lowering the cost of legal services and increasing citizen access.

Navigate

California:	Codes
Colorado:	C.R.S.
Nevada:	NRS
New York:	Laws
Oregon:	OAR, ORS
Texas:	Statutes
World:	Rome Statute, International Dictionary

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 Feb. 5, 2021).

NRS 104.1310 Subordinated obligations.

NRS 104.1310
Subordinated obligations.