Priority subject to subordination

1. Law
2. District of Columbia Code
3. Commercial Instruments and Transactions. [Enacted title]
4. Uniform Commercial Code
5. Secured Transactions
6. Perfection and Priority
7. Priority
8. Priority subject to subordination

This article does not preclude subordination by agreement by a person entitled to priority.

(Oct. 26, 2000, D.C. Law 13-201, § 101, 47 DCR 7576.)

Uniform Commercial Code Comment

1. Source. Former Section 9-316.

2. Subordination by Agreement. The preceding sections deal elaborately with questions of priority. This section makes it entirely clear that a person entitled to priority may effectively agree to subordinate its claim. Only the person entitled to priority may make such an agreement: a person’s rights cannot be adversely affected by an agreement to which the person is not a party.

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