(3-601) Discharge and effect of discharge
N.D. Cent. Code § 41-03-63
in effect41-03-63. (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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t41c03.pdf#nameddest=41-03-63Fetched: 10/16/2026
