2009 Rhode Island Code
Title 6A - Uniform Commercial Code
CHAPTER 6A-3 - Negotiable Instruments
§ 6A-3-601 - Discharge and effect of discharge.

SECTION 6A-3-601

   § 6A-3-601  Discharge and effect of discharge. – (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 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.

Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.