WVC 46 - 1 - 310
§46-1-310. 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.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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