{"data":{"id":"us-il/810-ilcs-5-3-601","jurisdiction":"us-il","citation":"810 ILCS 5/3-601","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":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"c416c22af8947a245eaf3a9084e06dcdd068259500c0649cd4dbb0d4f710cf4f","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-3-505a","next":"us-il/810-ilcs-5-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}