O.C.G.A. § 11-3-601: Discharge and effect of discharge.
Where this section sits in the code
- TITLE 11 Commercial Code
- Article 3 Negotiable Instruments
- PART 6 Discharge and Payment
(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.
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