Priority subject to subordination.
Nothing in this chapter prevents subordination by agreement by any person entitled to priority.
N.J. Stat. Ann. § 12A:2A-311
Priority subject to subordination
Known as the Uniform Commercial Code
The act spans §§ 12A:1-101 to 12A:9-809 (506 sections).
L.1994,c.114,s.1.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.