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State Statutes - Idaho - Title 28 - Chapter 1 - 28-1-310
Idaho Statutes
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28-1-310 - 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.
 
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