§9-343. Control agreement not automatic subordination
An agreement of the kind specified in R.S. 10:9-104(a)(2) does not constitute a waiver or subordination of a security interest in favor of the bank unless it specifically so provides.
Acts 2001, No. 128, §1, eff. July 1, 2001.
§9-343. Control agreement not automatic subordination
An agreement of the kind specified in R.S. 10:9-104(a)(2) does not constitute a waiver or subordination of a security interest in favor of the bank unless it specifically so provides.
Acts 2001, No. 128, §1, eff. July 1, 2001.
§9-343. Control agreement not automatic subordination
An agreement of the kind specified in R.S. 10:9-104(a)(2) does not constitute a waiver or subordination of a security interest in favor of the bank unless it specifically so provides.
Acts 2001, No. 128, §1, eff. July 1, 2001.
