☰ Revisor of Missouri

Title XXVI TRADE AND COMMERCE

Chapter 400

< > Effective - 28 Aug 1992 bottom

  400.3-601.  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.

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(L. 1963 p. 503 § 3-601, A.L. 1992 S.B. 448)


---- end of effective  28 Aug 1992 ----

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