Alaska Statutes Title 45, Chapter 45.03, Article 06 - Discharge

• Sec. 45.03.601 Discharge and Effect of Discharge.
  (a) The obligation of a party to pay the instrument is discharged as stated in this chapter or by an act or agreement with...
• Sec. 45.03.602 Payment.
  (a) Subject to (b) of this section, an instrument is paid to the extent payment is made by or on behalf of a party...
• Sec. 45.03.603 Tender of Payment.
  (a) If tender of payment of an obligation to pay an instrument is made to a person entitled to enforce the instrument, the effect...
• Sec. 45.03.604 Discharge by Cancellation or Renunciation.
  (a) A person entitled to enforce an instrument, with or without consideration, may discharge the obligation of a party to pay the instrument(1) by...
• Sec. 45.03.605 Discharge of Endorsers and Accommodation Parties.
  (a) Discharge, under AS 45.03.604 , of the obligation of a party to pay an instrument does not discharge the obligation of an endorser...
• Sec. 45.03.606 - 45.03.805. Impairment of Recourse or Collateral; Advice of International Sight Draft; Miscellaneous Provisions. [Repealed, Sec. 127 Ch 35 Sla 1993].
  Repealed or Renumbered

Last modified: November 15, 2016