Massachusetts General Laws

Mass. Gen. Laws ch. 106, § 3-601 (2026)

Discharge and Effect of Discharge

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
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Section 3–601. (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.