GroundRules
Minn. Stat. § 336.3-601: DISCHARGE AND EFFECT OF DISCHARGE.
Where this section sits in the code
- TRADE REGULATIONS, CONSUMER PROTECTION
- CHAPTER 336. UNIFORM 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.
Collected 2026-09-02T22:10:43Z. Source file · JSON