Colorado Statutes
§ 4-3-601 — Discharge and effect of discharge
(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.
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Legislative History
Source: L. 94: Entire article R&RE, p. 876, � 1, effective January 1, 1995.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of article§ 4-1-104
Construction against implied repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - gender§ 4-1-107
Captions§ 4-1-201
General definitions§ 4-1-202
Notice - knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - seasonableness§ 4-1-302
Variation by agreement§ 4-1-304
Obligation of good faith