Florida § 673.6041 Discharge by cancellation or renunciation

Florida Statutes

§ 673.6041 — Discharge by cancellation or renunciation

Florida § 673.6041

TitleXXXIX

Ch. 673UNIFORM COMMERCIAL CODE: NEGOTIABLE INSTRUMENTS

This text of Florida § 673.6041 (Discharge by cancellation or renunciation) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 673.6041 (2026).

Text

(1)A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument:

(a)By an intentional voluntary act, such as: 1. Surrender of the instrument to the party; 2. Destruction, mutilation, or cancellation of the instrument; 3. Cancellation or striking out of the party’s signature; or 4. Addition of words to the instrument indicating discharge; or (b) By agreeing not to sue or otherwise renouncing rights against the party by a signed writing. The obligation of a party to pay a check is not discharged solely by destruction of the check in connection with a process that involves the extraction of information from the check and an image of the check is made and, subsequently, the information and image are transmitted for p

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(1) A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument: (a) By an intentional voluntary act, such as: 1. Surrender of the instrument to the party; 2. Destruction, mutilation, or cancellation of the instrument; 3. Cancellation or striking out of the party’s signature; or 4. Addition of words to the instrument indicating discharge; or (b) By agreeing not to sue or otherwise renouncing rights against the party by a signed writing. The obligation of a party to pay a check is not discharged solely by destruction of the check in connection with a process that involves the extraction of information from the check and an image of the check is made and, subsequently, the information and image are transmitted for payment.

(2) Cancellation or striking out of an indorsement pursuant to subsection (1) does not affect the status and rights of a party derived from the indorsement.