SDCL § 57A-3-601: Discharge and effect of discharge.
Where this section sits in the code
- TITLE 57A. UNIFORM COMMERCIAL CODE
- CHAPTER 57A-3. NEGOTIABLE INSTRUMENTS
(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.
Source: SL 1994, ch 367, § 3-601.
Collected 2026-09-03T15:18:57Z. Source file · JSON