§46-3-601. Discharge and effect of discharge.
73 words·~1 min read·
/wv/chapter-46-uniform-commercial-code/article-3-negotiable-instruments/46-3-601·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Part 6. Discharge And Payment.
(a)The 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.
(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.