State Codes and Statutes
Statutes > Idaho > Title28 > T28ch3 > T28ch3pt6 > T28ch3sect28-3-601COMMERCIAL TRANSACTIONS
CHAPTER 3
UNIFORM COMMERCIAL CODE -- NEGOTIABLE INSTRUMENTS
PART 6.
DISCHARGE AND PAYMENT
28-3-601. Discharge and effect of discharge. (1) 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.
(2) 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.
