{"data":{"id":"us-nj/n.j.-stat.-12a-3-601","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A: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.\nb.     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.\nL.1995,c.28,s.1.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"f40caa2d79cb18c759b17219648aa019a763164edbf9e47cf16dbf08d96495bd","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-3-505","next":"us-nj/n.j.-stat.-12a-3-602"},"notice":"GroundRules: Original legal text. Not legal advice."}
