New York § 3-605 Cancellation and Renunciation

New York Statutes

§ 3-605 — Cancellation and Renunciation

New York § 3-605

Law UCCUniform Commercial Code

Part 6Discharge

Art. 3Commercial Paper

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Bluebook

N.Y. Uniform Commercial Code § 3-605 (2026).

Text

Section 3--605. Cancellation and Renunciation.\n  (1) The holder of an instrument may even without consideration\ndischarge any party\n       (a) in any manner apparent on the face of the instrument or the\n           indorsement, as by intentionally cancelling the instrument or\n           the party's signature by destruction or mutilation, or by\n           striking out the party's signature; or\n       (b) by renouncing his rights by a writing signed and delivered or\n           by surrender of the instrument to the party to be discharged.\n  (2) Neither cancellation nor renunciation without surrender of the\ninstrument affects the title thereto.\n  * (3) The obligation of a party to pay a check is not discharged\nsolely by destruction of the check in connection with a process in which\

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Section 3--605. Cancellation and Renunciation.\n (1) The holder of an instrument may even without consideration\ndischarge any party\n (a) in any manner apparent on the face of the instrument or the\n indorsement, as by intentionally cancelling the instrument or\n the party's signature by destruction or mutilation, or by\n striking out the party's signature; or\n (b) by renouncing his rights by a writing signed and delivered or\n by surrender of the instrument to the party to be discharged.\n (2) Neither cancellation nor renunciation without surrender of the\ninstrument affects the title thereto.\n * (3) The obligation of a party to pay a check is not discharged\nsolely by destruction of the check in connection with a process in which\ninformation is extracted from the check and an image of the check is\nmade and, subsequently, the information and image are transmitted for\npayment.\n * NB Effective June 3, 2026\n