Tennessee Statutes

§ 47-3-601 — Discharge and effect of discharge

Tennessee § 47-3-601

This text of Tennessee § 47-3-601 (Discharge and effect of discharge) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 47-3-601 (2026).

Text

(a)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.
(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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Related

Commerce Union Bank v. Burger-In-A-Pouch, Inc.
657 S.W.2d 88 (Tennessee Supreme Court, 1983)
20 case citations
Cumberland Bank v. G & S IMPLEMENT CO.
211 S.W.3d 223 (Court of Appeals of Tennessee, 2006)
13 case citations
Dominion Bank of Middle Tennessee v. Crane
843 S.W.2d 14 (Court of Appeals of Tennessee, 1992)
8 case citations
Burchett v. Stephens
794 S.W.2d 745 (Court of Appeals of Tennessee, 1990)
7 case citations
Lancaster Estate v. Williamson County Bank
664 S.W.2d 294 (Court of Appeals of Tennessee, 1983)
3 case citations
First Citizens Bank of Cleveland v. Cross
55 S.W.3d 564 (Court of Appeals of Tennessee, 2001)
3 case citations
Barbara Ann Shelton v. Mary F. Eden
(Court of Appeals of Tennessee, 2020)
First Citizens Bank of Cleveland v. Carol Cross
(Court of Appeals of Tennessee, 2001)

Legislative History

Acts 1995, ch. 397, § 2.

Nearby Sections

15
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Bluebook (online)
Tennessee § 47-3-601, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/47-3-601.