{"data":{"id":"us-wi/wis.-stat.-403.601","jurisdiction":"us-wi","citation":"Wis. Stat. § 403.601","heading":"Discharge and effect of discharge.","body":"(1) 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(2) 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":["Chs. 401-411, Uniform Commercial Code","Chapter 403 Uniform Commercial Code — Negotiable Instruments","SUBCHAPTER VI DISCHARGE AND PAYMENT"],"source_url":"https://docs.legis.wisconsin.gov/document/statutes/403.601","current_through":"2023-24 Wisconsin Statutes updated through 2025 Wis. Act 247 (published 9-4-26)","vintage":"","retrieved_at":"2026-09-05T12:01:22Z","sha256":"001323db0ef41757a1fbc1aad713b78487e0a91074f309935d1e6e0cd7d94c79","source_id":"us-wi","stale":false,"prev":"us-wi/wis.-stat.-403.505","next":"us-wi/wis.-stat.-403.602"},"notice":"GroundRules: Original legal text. Not legal advice."}