There is a newer version of the Maryland Code
Maryland Commercial Law Section 3-601
§ 3-601.
  (a)   The obligation of a party to pay the instrument is discharged as stated in this title 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.
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