Nevada § 104.1310 - Subordinated obligations
Full text of Nevada Nevada Revised Statutes § 104.1310 — Subordinated obligations, with citation guidance and answers to common questions.
§ 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.
Frequently Asked Questions About Nevada § 104.1310
What does Nevada Revised Statutes § 104.1310 cover?
Section 104.1310 ("Subordinated obligations") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 104.1310?
A common citation format is "Nevada Revised Statutes § 104.1310" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 104.1310 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.