Florida Statutes Section 673.6011 - Discharge And Effect Of Discharge. (Fla. Stat. § 673.6011)

673.6011 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.

History.—s. 2, ch. 92-82.

Section: 673.6011  673.6021  673.6031  673.6041  673.6051    Next

Last modified: September 23, 2016