{"data":{"id":"us-la/rs-10-3-601","jurisdiction":"us-la","citation":"RS 10:3-601","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 10. COMMERCIAL LAWS","PART 6. DISCHARGE AND PAYMENT"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74188","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:03Z","sha256":"e46b13a8670c0c60817cd626911d7bf6f13a5419fcd8eab4e96dd075a4ac4e15","source_id":"us-la","stale":false,"prev":"us-la/rs-10-3-505","next":"us-la/rs-10-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}