Idaho Code § 28-3-601
This is the official text of Idaho Code § 28-3-601, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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28-3-601 DISCHARGE AND EFFECT OF DISCHARGE.
Official statutory text
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.
History:
[28-3-601, added 1993, ch. 288, sec. 2, p. 1050.]
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.
History:
[28-3-601, added 1993, ch. 288, sec. 2, p. 1050.]
Status: in_force · Read it on the official government site
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