{"data":{"id":"us-ar/ark.-code-ann.-4-3-601","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-3-601","heading":"Discharge and effect of discharge.","body":"(a) The obligation of a party to pay the instrument is discharged as stated in this chapter 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 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 3 Negotiable Instruments","Part 6 — Discharge and Payment"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"bb0c92d0f7b54afbf80fb84a60c4590274420a8e323f4825dc0d19f693d3f552","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-3-505","next":"us-ar/ark.-code-ann.-4-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}