North Dakota Statutes
§ 41-03-63 — (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.
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Nearby Sections
15
§ 41-01-01
(1-101) Short titles§ 41-01-02
(1-102) Scope of chapter§ 41-01-05
(1-105) Severability§ 41-01-07
(1-107) Section captions§ 41-01-09
(1-201) General definitions§ 41-01-10
(1-202) Notice - Knowledge§ 41-01-12
(1-204) Value§ 41-01-13
(1-205) Reasonable time - Seasonableness§ 41-01-14
(1-206) Presumptions