{"data":{"id":"us-nc/n.c.-gen.-stat.-25-3-601","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-3-601","heading":"Discharge and effect of discharge.","body":"(a)\tThe 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)\tDischarge 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. (1899, c. 733, ss. 15, 16, 57, 119 to 121; Rev., ss. 2165, 2166, 2206, 2269 to 2271; C.S., ss. 2296, 2297, 3038, 3101 to 3103; 1965, c. 700, s. 1; 1995, c. 232, s. 1.)","path":["Chapter 25. Uniform Commercial Code.","Article 3. Negotiable Instruments.","Part 6. Discharge and Payment."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-3-601.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"4a8acd75f707fca71b076b392dc75e8560ef4981605e2a58136cc63451ede337","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-3-506","next":"us-nc/n.c.-gen.-stat.-25-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}