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The 189th General Court of the Commonwealth of Massachusetts

Section 3-601: Discharge and Effect of Discharge

Section 3-601. (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.