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§ 3-601. Discharge and Effect of Discharge

Oklahoma Statutes AnnotatedTitle 12A. Commercial Code

Oklahoma Statutes Annotated
Title 12a. Commercial Code (Refs & Annos)
Article 3. Negotiable Instruments (Refs & Annos)
Part 6. Discharge and Payment
12A Okl.St.Ann. § 3-601
§ 3-601. Discharge and Effect of Discharge
Currentness
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.

Credits

Laws 1991, c. 117, § 89, eff. Jan. 1, 1992.
12A Okl. St. Ann. § 3-601, OK ST T. 12A § 3-601
Current with emergency effective legislation through Chapter 329 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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