673.6011 Discharge and effect of discharge.

673.6011 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.

History. s. 2, ch. 92-82.