Oregon Code § 71.3100·Enacted ·Last updated March 01, 2026
Statute Text
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. [2009 c.181 §23]
Note:
See note under 71.3010.
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Plain English Explanation
This Oregon statute addresses Subordinated obligations. AI-powered analysis coming soon.
Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 71.3100
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Subordinated obligations. Read the full statute text above for details.
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