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Tex. Business & Commerce Code § 3.601

DISCHARGE AND EFFECT OF DISCHARGE

Texas · Texas Business & Commerce Code · Status: effective

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Tex. Business & Commerce Code § 3.601, DISCHARGE AND EFFECT OF DISCHARGE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630001
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(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 that 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.