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2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.3-601 Discharge and effect of discharge.
Universal Citation: MO Rev Stat § 400.3-601 (2017)
Effective 28 Aug 1992
Title XXVI TRADE AND COMMERCE
Chapter 400400.3-601. Discharge and effect of discharge. — (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.
(L. 1963 p. 503 § 3-601, A.L. 1992 S.B. 448)
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