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2024 Statute
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84-3-601. Discharge and effect of discharge. (a) The obligation of a party to pay the instrument is discharged as stated in this article or by an act or agreement with the party which would discharge an obligation to pay money under a simple contract. (b) Discharge of the obligation of a party is not effective against a person acquiring rights of a holder in due course of the instrument without notice of the discharge. |
History: L. 1991, ch. 296, § 63; February 1, 1992. |
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2026. Powered by KLISS. Rendered: 2026-03-13T22:26:07. Head Rev No: 1485844(I)