{"data":{"id":"us-tx/tex.-business-commerce-code-3.601","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 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 that 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.\nAmended by Acts 1995, 74th Leg., ch. 921, Sec. 1, eff. Jan. 1, 1996.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 3. NEGOTIABLE INSTRUMENTS","SUBCHAPTER F. DISCHARGE AND PAYMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.3.htm#3.601","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"1a09bafcca7ce200bcd2dd1410c060707de5f20c0f4d270254a9ef1740c1aa91","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-3.507","next":"us-tx/tex.-business-commerce-code-3.602"},"notice":"GroundRules: Original legal text. Not legal advice."}