Subordinated Obligations.
RSA 382-A:1-310
in effect382-A: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.
Source. 2006, 169:1, eff. Jan. 1, 2007.
Source: New Hampshire General Court (gc.nh.gov)URL: https://gc.nh.gov/rsa/html/XXXIV-A/382-A/382-A-1-310.htmFetched: 10/20/2026
