Colo. Rev. Stat. § 4-3-601
Discharge and effect of discharge
Colorado · Colorado Revised Statutes Title 4 — Uniform Commercial Code · Status: effective
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- Citation
- Colo. Rev. Stat. § 4-3-601, Discharge and effect of discharge, Colorado, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2283017
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Full text
(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.