GroundRules
COM § 3601
Where this section sits in the code
- Commercial Code - COM
- DIVISION 3. NEGOTIABLE INSTRUMENTS [3101. - 3605.]
- CHAPTER 6. Discharge and Payment [3601. - 3605.]
(a) The obligation of a party to pay the instrument is discharged as stated in this division 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.
Collected 2026-09-14T05:56:33Z. Source file · JSON