{"data":{"id":"us-al/ala.-code-7-3-601","jurisdiction":"us-al","citation":"Ala. Code § 7-3-601","heading":"Discharge and Effect of Discharge.","body":"(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.\n(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.","path":["Title 7 Commercial Code.","Article 3 Negotiable Instruments.","Part 6 Discharge and Payment."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-3-601","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"8f9507c8e8e7202f13c75aa5f18dbc7f2384658251dfc2c86a8ad6042d9c4820","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-3-505","next":"us-al/ala.-code-7-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}
