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Mich. Comp. Laws § 440.1310

Subordination.

Michigan · Michigan Compiled Laws — UNIFORM COMMERCIAL CODE (Act 174 of 1962) · Status: effective

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Mich. Comp. Laws § 440.1310, Subordination, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1361744
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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.