GroundRules
Utah Code § 70A-3-601: Discharge and effect of discharge.
Where this section sits in the code
- Title 70A Uniform Commercial Code
- Chapter 70A-3 Uniform Commercial Code - Negotiable Instruments
- Part 70A-3-6 Discharge and Payment
(1) The obligation of a party to pay the instrument is discharged as stated in this chapter or by an act or agreement with the party which would discharge an obligation to pay money under a simple contract.
(2) 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 2026-09-03T11:34:34Z. Source file · JSON